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#364139 - 05/26/05 03:51 PM Legal Lending Limit calculations
Floridian Offline
Member
Joined: Jul 2004
Posts: 56
Where can I find in the FDIC Regs exactly what numbers we use when calculating the legal lending limit? I have always used the last filed call report numbers. Now a lender is saying that we can recalculate every day and use those numbers....Please help !!!!
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Lending Compliance
#364140 - 05/27/05 03:34 AM Re: Legal Lending Limit calculations
Kathleen O. Blanchard Offline

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Kathleen O. Blanchard
Joined: Dec 2000
Posts: 21,293
As an FDIC bank, would you not be subject to state law on legal lending limit?:
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HMDA/CRA Training/Consulting/Mapping
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www.kaybeescomplianceinsights.com

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