Valid Appraisal - Date Range
03/29/2010
Is there anything that states a timeframe for an appraisal to be valid? What I am looking for is a date range. If not, and it only depends on market conditions and other factors, who decides if it is valid?
You can reach Kathleen via email at kblanchard@keycomplianceservices.com,
03/29/2010
Is there anything that states a timeframe for an appraisal to be valid? What I am looking for is a date range. If not, and it only depends on market conditions and other factors, who decides if it is valid?
03/22/2010
When a member has met Regulation D transfer limit on a savings account, is making a line of credit loan payment from the savings, then advancing from the line of credit to the checking account a violation of Regulation D?
03/22/2010
How do we determine that our HMDA error ratio is acceptable? Is there some guidance from the regulators that list acceptable percentages?
03/22/2010
For Regulation O purposes, do insiders include the parent, step-parent, spouse, child, or stepchild, or any relative who lives in an insider's house? Also, if a child, spouse, or any other relative of an insider, who lives in the insiders home gets a loan, (the insider is not a signer on the loan) does this loan fall under Regulation O?
03/08/2010
What is the actual notice requirement for sending letters to customers informing them of a bank merger? How many days prior to the merger/advance would the notice be required?
03/08/2010
Due to the exposure risk, our bank's policy is to have ACH and remote deposit accounts approved by a loan officer. Is the exposure being approved considered an extension of credit for Reg O purposes?
03/08/2010
I am trying to find if there are any exceptions to the "Right to Receive Appraisal Notice". Is it all loans secured by lien on a dwelling, whether commercial, non-owner occupied, etc?
03/01/2010
What should be done if it is determined that there was an inadvertent violation of Reg O in which legal fees were waived for an insider, in order to remedy the situation?
03/01/2010
When a large bank purchases/merges with another bank (size unknown), what are the technical compliance aspects of CRA: branch notices, public files, other requirements and the time frame in which each must be completed?
02/22/2010
With regard to the new Reg Z, does a renewal note have to be dated after the disclosure period whether in person or mail? Can the note be dated at the time the customer requests a renewal of an existing loan, or do we have to renew based on the future date after the disclosures have been given?