We have several loan production offices. They don't have cash drawers, are not listed as branches, and they don't service the deposit customer walking in off the street. Do we need signage such as the FDIC stickers? What if a courier for the bank picks up some proof work where only our employees make deposits instead of running to a branch?
Is there a requirement for lending institutions and mortgage loan servicers to provide payment history to a credit reporting agency?
We have a customer who is purchasing sixty-seven acres of farmland that also includes a single family residence that will be the principal dwelling. Is this loan considered both HMDA and CRA reportable, or only reportable for CRA?
When making a CRA investment mortgage security, does the investment need to be at low or moderate area or need only to the low or moderate income individual?
If a loan is made to a small business or small farm and secured by unimproved consumer real estate is the loan CRA reportable? I know loans secured by dwellings made for small business or small farm purposes should not be reported for CRA, but I am unsure about loans secured by unimproved consumer real estate.
Are logging companies considered small farm loans for CRA?
When a bank makes a CRA loan does it have to be listed on both the HMDA and CRA logs?
What loan to deposit ratio would the regulators like to see with regards to CRA?
With regard to CRA LAR are group homes considered code 1 or 3? Are they deemed non-farm residential real estate?
Can we require that only current customers of the bank are eligible for credit?