Thread Starter: Anonymous
Title: Re: Back Dating a loan
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Lender recently discovered (don't ask) that he forgot to renew a loan from last May. He now wants to do a note dated 5/08, maturing 5/09 and then have the customer sign another note (at the same time dated 5/09-5/10. I don't think we can do this, but I'm not sure why. The customer is ok with it.
What compliance/S&S issues do you see with this?
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