Most Popular Lending Content
Is your institution one of the 1,700 new HMDA reporters? Start here.
11/12/2023
Are you one of the 1,700 HMDA reporting institutions that was required to start collecting and reporting data in 2023? Here’s where to start.
Audit on Loans Sold?
11/12/2023
This question is about FNMA new Prefunding QC Review process. We are a bank with a non-delegated mortgage division that sells 100% of our loans to various investors. We send all documentation for review and approval to our investors. We do not maintain servicing on any of the loans. Would we be required to perform the required Prefunding QC review, or would that be done by the investor that purchases the loan and then sells to FNMA?
Credit exceptions
11/12/2023
What is a credit exception?
When is a new homeowners policy needed?
11/05/2023
Do you have to obtain a new hazard insurance policy at loan renewal?
SCRA Rates and Limit Increases
11/05/2023
I have a member who has a credit card with us. He recently notified us that he is now active duty. I know what our responsibility is regarding the interest rate under SCRA because this is a pre-service obligation. He now wants a limit increase of several thousand dollars on his credit card. Must we give him 6% on that portion?