Most Popular Lending Content
Auditing Bank Sold Insurance
11/27/2022
We receive submitted applications from our website that are considered complete per TRID. Upon receiving the submitted application, we attempt to directly contact the applicants by phone or email regarding the application and items needed to make a loan decision. If we do not receive any contact from the applicant, what are the notification requirements? Should the app be considered incomplete and we send a Notice of Incompleteness and if there is still no response by a certain date, we can close the file? Also, what would the timing requirements be to send the notice and then to be able to close the file?
Correcting LE Typo Error
11/27/2022
If a revised Loan Estimate was provided to include a second appraisal and a clerical error added a $6,000 lender credit, can it be removed/corrected?
LOS data import to document management system
11/27/2022
Why integrate an LOS to a bank document management system?
Section 1071 rules
11/27/2022
Will section 1071 rules be covered in the program?
Escrows
11/20/2022
Are escrows required for commercial loans?