Most Popular Lending Content
Reg. O Loan Limit Exemption
01/03/2005
I thought I heard Jack Holzknecht say in his Reg. O webinar that the $100,000 limitation on executive officers did not apply to related interests of the executive officer. I cannot find that exemption in the regulations. Can you tell me if this is true, and, if so, where I can find it in the regulations?
Right to Appraisal Notice
01/03/2005
Does the Right to Copy of Appraisal Notice have to be acknowledged in writing by the customer?
The Ins and Outs of Credit Scoring
01/01/2005
It is talked about in many contexts. It is a term tossed about without clear definition. It engenders fear and caution among lenders. It raises compliance concerns.
GFE Requirements
01/01/2005
Question: We originate investor mortgages on 1-4 unit owner occupied properties. One of our investors is asking for a Good Faith Estimate within 3 days of the Credit Report.
Information Security: FTC Action
01/01/2005
Banks and thrifts are not alone when it comes to requirements to maintain security for customer information.