Most Popular Lending Content
Rescission, No New Money
04/19/2004
If a customer refinances their mortgage with our bank and gets no new money will there be a rescission? Do you have a citation for this?
Balloon Disclosure
04/05/2004
Is there a disclosure required at application for a loan that will have a balloon payment?
Difference Between Act and Regulation
04/05/2004
Can you please tell me the difference between an Act and a regulation? And is a law different than a reg or act? For example, Regulation DD is for Truth and Savings, but there is also a Truth and Savings Act.
ARM Disclosure Update Date
04/05/2004
We sell as a correspondent lender to many investors. Most investors do not update their ARM disclosures at the beginning of the year. When do the examples on the ARM disclosures have to be updated?
Credit Card Offset
04/05/2004
Do we have the right of offset from a checking or savings account to collect on a past due/charged off credit card?