Most Popular Lending Content
Purchase Loan Financing
12/01/2004
Question: We are a little confused after talking with our examiner about the differences between a purchase money loan and a refinancing when the refinancing is of the purchase mon
CAC on Predatory Lending
12/01/2004
When it comes to predatory lending concerns, the Consumer Advisory Council has plenty to say. The pressure is still on the FRB to take actions to protect consumers from predators.
FACT Act requires records release for I.D. theft victims - Mary Beth Guard
12/01/2004
FACT Act requires records release for I.D. theft victims
Answer by Mary Beth Guard, BOL Guru
Guru BIOS
Fair Lending Remedies: Your Program's Benchmarks
12/01/2004
Fair lending enforcement actions lay out the actions needed to correct a problem that has been identified.
Rescission on Bridge Loans
11/29/2004
When providing a lot loan and construction financing, often we require a lien on the borrower's existing residence as additional collateral. Since the purpose of the loan is to purchase/construct a new home, is the loan subject to the 3 day rescission requirement due to the collateral lien on the old home?