Skip to content
BOL Conferences
Learn More - Click Here!

Thread Options
#181859 - 04/20/04 07:02 PM Reasonable Tangible Net Benefit Analysis
bugsy Offline
New Poster
Joined: Apr 2004
Posts: 12
Illinois
Under what circumstances are we to provide the borrower with a "reasonable tangible net benefit analysis?"

Return to Top
#181860 - 04/21/04 02:10 PM Re: Reasonable Tangible Net Benefit Analysis
sue's mom Offline
Gold Star
sue's mom
Joined: Feb 2003
Posts: 455
IL
I believe that comes into play with HOEPA loans. If there is any possibility of 'loan flipping', there must be evidence that the refinance is being done to benefit the customer.

Return to Top