Skip to content
BOL Conferences
Thread Options
#2157975 - 12/20/17 09:23 PM Sending a promotion with the early disclosures
Darn Regs Offline
Member
Joined: May 2015
Posts: 53
In my own little world
Our bank is wanting to offer $$ to mortgage applicants who open up a new checking account and have their mortgage payment auto debited from this account. The $$ would be deposited into this account after they've had 3 payments auto debited. Marketing put together a flyer. My question is, they want us to include this flyer in our early disclosure package. I'm questioning if this is a violation under Reg Z (or any of the other regs for that matter) to include a bank promotion in the early disclosure package. The pkg includes the LE, Service Provider list, Application, Borrower Authorization, Insurance Disclosure, AfBA, etc.

Return to Top
TRID - TILA/RESPA Integrated Disclosures Rule
#2158000 - 12/21/17 12:45 PM Re: Sending a promotion with the early disclosures Darn Regs
rlcarey Online
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,225
Galveston, TX
No prohibition of which I am aware of.
_________________________
The opinions expressed here should not be construed to be those of my employer: PPDocs.com

Return to Top
#2158374 - 12/26/17 05:58 PM Re: Sending a promotion with the early disclosures Darn Regs
Darn Regs Offline
Member
Joined: May 2015
Posts: 53
In my own little world
Thanks Randy

Return to Top