Does an attorney fee affect the APR?
What are implications of charging a fee to cover expenses for sending lending documents to closing attorneys by Fed Ex?
If an executive officer has overdraft protection, under 12 CFR 215.4(e) the bank can cover overdrafts of more than $1,000 if we have a written, preauthorized plan. For amounts less than $1,000 do we need a written, preauthorized plan?
Now that the Democrats have taken control of the Senate, the compliance agenda is revitalized. Already topics such as predatory lending and money laundering are on the legislative plate.
A U.S. Small Business Administration (SBA) report recently named BB&T Corporation high on the list of who is doing the most Community Reinvestment Act lending to small businesses.