Most Popular Lending Content
Conflicting GMI Checkoffs on Application
02/21/2005
When the borrower signs the 1003 for government monitoring purposes and checks the box for "I do not wish to furnish this information," but also checks the boxes for ethnicity and race, how does this get reported?
FACT Act and customer privacy: To disclose or not to disclose? -- Kirchman
02/21/2005
Our bank is getting ready to republish its privacy notice. We do share customer information with our affiliates for a marketing purpose. Even though the agencies have not yet published the regulations under the FACT Act regarding sharing customer information with an affiliate for a marketing purpose, should we address it in our privacy notice now?
First or Subordinate Lien?
02/21/2005
When doing my HMDA check, I am having trouble deciding which lien status to use. If the borrower already has a mortgage present, even if it's not through us, does this make ours a subordinate lien? I am trying to figure out how to decide if it's a first lien or a subordinate.
Are commercial property loans subject to the rate spread calculation? -- QuestSoft
02/21/2005
Are commercial property loans subject to the rate spread calculation?
UCC Filings
02/21/2005
I need to know if there are deadlines for filing UCCs. Does this vary from state to state? Is there a place I can go to get details on the specific requirements for filing UCCs and if there are any stipulations or restrictions?