TRID: Correct loan purpose
07/09/2017
Regarding refi: What if no loan obligation is being paid off, i.e., borrower owns free and clear, and wants cash out. What’s the loan purpose?
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07/09/2017
Regarding refi: What if no loan obligation is being paid off, i.e., borrower owns free and clear, and wants cash out. What’s the loan purpose?
07/09/2017
Do we state the split of Real Estate Broker Commission on the Closing Disclosure?
07/02/2017
Do we state the split of Real Estate Broker Commission on the Closing Disclosure?
07/02/2017
How do you deal with determining ongoing content coverage when you are taking something like inventory for collateral, which can change at any point in time. Do you need to get a list yearly from the customer?
07/02/2017
Do the estimates provided on the loan estimate for certain closing costs need to be honored for ten general or precise business days?
07/02/2017
If we modify a loan that we are servicing and it is already in a Special Flood Hazard Area, do we have to provide another flood notification?
07/02/2017
In what section is a courier fee that is charged by the title company disclosed? The customer shopped for the title company.
07/02/2017
What is the correct way to calculate the Total of Payments for an ARM loan with no discounted rate? Do you use the worst-case scenario taking the rate up to the ceiling?
06/25/2017
On the loan estimate, should the bank’s or borrower’s time zone be disclosed for the expiration of the rate lock and settlement charges?
06/25/2017
In what section is a courier fee that is charged by the title company disclosed? The customer shopped for the title company.