09/10/2023
What is the difference between a co maker and a joint owner on a automobile loan?
02/03/2019
Concerning a counter offer on a consumer loan. In this case not mortgage related. To my understanding a counter offer applies when you want to change a term from the original request in order to position the borrower to grant approval. IE reduce loan amount, extend duration of term. Can a counter be used to request a co-signer /endorser to be placed on the loan.
With a comment that states this loan would be granted as long as the added co-signer or guarantor is approved?
01/06/2019
If an individual applies for a loan and they don't qualify, is the lender required to formally disposition (deny) the loan request? Or can they solicit other individuals to be added to the application to see if they would
help qualify and get loan approval?
11/05/2017
If we deny an application for a consumer installment loan from a consumer who applies with a cosigner, do we need to send an adverse action notice to the cosigner?
12/20/2015
We are dealing with the problem of credit reporting on bankrupt accounts. Our reporting is done at the loan level therefore non bankrupt co-borrowers are affected. Can we just suppress reporting?
10/11/2015
Is joint intent required at application or at a completed application status? The question arose, because if joint intent is not
established at application, can any change prior to a completed application status be considered contemporaneous?
06/14/2015
What documents-income verification should be required of a co-signer on a mortgage as opposed to a co-applicant.
04/09/2012
Do you report the ethnicity, race, and sex of a co-signer on a HMDA reportable loan?
02/27/2012
Can I make a boat loan (personal use) to a business client without violating any Fair Lending Laws?
12/05/2011
Notice to co-signer? If the debtor is the wife and the creditor is the financial co. does this mean the husband signs as the co-signer, because his name is not listed as a borrower?