Most Popular Lending Content
SSCRA Rate Adjustment
10/06/2003
I have a customer that has recently returned home from the war. To comply with the Soldiers and Sailor Relief Act his loans were all changed to 6.0%. At what point do we change the interest rates on his loans? Do we have to honor his original rates or do they default to our current rates?
Renting, Then Owning
10/06/2003
Would a purchase transaction of a property that is currently the borrower's primary residence as a rental be subject to rescission?
Lending guidelines, auto loans, and dealers
10/01/2003
Question: We make auto loans through a car dealer. Usually we follow strict pricing guidelines.
OCC Sings Fed's Song
10/01/2003
OCC's Chief of Staff, Mark Nishan, spoke to the Midwest National Bank Conference in St. Louis and delivered a strong message on corporate ethics in banking.
Predatory Lending: Pre-empting Predators
10/01/2003
Federal regulators have some fancy tools and the Comptroller of the Currency plans to use his. The tool in question is federal preemption.