Most Popular Lending Content
Favoring applications from selected sources
02/18/2024
Would it be considered an issue if we “favor” the loan applications that are sent to us from one real estate agency over another if they just send us more of them?
Letters of Credit and Call Reports
02/11/2024
We have backing lines attached to our Letters of Credit. Most of our backing lines are secured however, the letters of credit are unsecured. We have been told by our core vendor we must attach a backing line. Questions is, do we report the backing lines that are secured based on the collateral when reporting the call report code or do we report in 4A with the Letter of Credit that is unsecured? We haven't found any definitive answers but we want to make sure we are reporting correctly.
Increasing efficiency and accuracy with barcodes
02/11/2024
How might using barcoded loan documents impact operations?
Maintaining an “arms length” distance from settlement service providers
02/11/2024
Is it okay for us to share subscription services that the bank has access to with our mortgage service providers?
Comprehensive Understanding of the Common HMDA errors in the 2022 data
02/11/2024
Could you benefit from a comprehensive HMDA training course to ensure your data is ready for submission?