Why does "total of points and fees" matter?
04/16/2017
We don't make high-cost mortgage loans covered by section 1026.32, so we don't need to worry about the "total of points and fees." Right?
Jack Holzknecht
Bio:
Jack Holzknecht is the CEO of Compliance Resource, LLC. He has been delivering the word on lending compliance for 39 years. In Jack's 34 years as a trainer over 125,000 bankers (and many examiners) have participated in his live seminars and webinars. Jack's career began in 1976 as a federal bank examiner. He later headed the product and education divisions of a regional consulting company. There he developed loan and deposit form systems and software. He also developed and presented training programs to bankers in 43 states. Jack has been an instructor at compliance schools presented by several state bankers associations. He developed and delivered compliance training for the FDIC and OTS for ten years. He is a Certified Regulatory Compliance Manager and a member of the National Speakers Association. He is also a "BOL Guru."
See all Upcoming and On-Demand training presented by Jack.
Areas of Expertise:
Compliance Seminars
Contact info:
Questions Answered
When in doubt, include the fee?
04/09/2017
We live by the axiom “When in doubt, include the fee in the finance charge.” Doesn't that protect us from violations?
Avoiding fee-related disclosure problems
04/02/2017
What is the easy way to avoid fee-related disclosure problems?
Current HMDA rules impacted by fee disclosures
03/26/2017
The changes to HMDA are not effective until January 1, 2018, so what is the fee concern related to HMDA at this time?
Participation in the NFIP
03/12/2017
What steps does a community have to take to become a part of the National Flood Insurance Program (NFIP)?
How NFIP suspension occurs
03/12/2017
How does a community become suspended from the NFIP?
NFIP withdrawal and lending
03/05/2017
What happens to our ability to make building-secured loans if a community decides to withdraw from the NFIP?
Servicing a loan in an NFIP-suspended community
03/05/2017
Are loans that your financial institution has on the books still serviceable loans if the community becomes suspended from the NFIP?
Executive officer loan limits
03/05/2017
How much can be loaned to an executive officer?
What is a "related interest"?
03/05/2017
What is a "related interest"?
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