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#2206488 - 02/19/19 07:47 PM Reg U Form U-1
beegee Offline
Diamond Poster
Joined: Feb 2004
Posts: 1,099
Is the U-1 required at renewal? or just at origination?

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Lending Compliance
#2206497 - 02/19/19 08:07 PM Re: Reg U Form U-1 beegee
rlcarey Online
10K Club
Joined: Jul 2001
Posts: 79,893
Galveston, TX
221.3(h)Renewals and extensions of maturity. A renewal or extension of maturity of a credit need not be considered a new extension of credit if the amount of the credit is increased only by the addition of interest, service charges, or taxes with respect to the credit.
The opinions expressed here should not be construed to be those of my employer:

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