Most Popular Lending Content
Coming Issues
01/01/2004
The Consumer Advisory Council advises the Federal Reserve Board on issues of concern to consumers. As the CAC completed its last meeting of 2003, it identified issues for consideration in 2004.
FAQs on CIP
01/01/2004
FinCEN and the bank regulatory agencies have issued answers to frequently asked questions about the CIP rule. The answers don't contain any surprises and demonstrate a great deal of common sense.
CAC Appointments Announced
01/01/2004
The Federal Reserve Board has announced the appointment of new members to the Consumer Advisory Council. A promising crew of four bankers have been appointed.
FCRA: New and Improved?
01/01/2004
Congress has taken decisive action on the Fair Credit Reporting Act.
When Insurance Is Not Offered
12/15/2003
Our company does not offer credit life and disability insurance. Our note and disclosure print out with the insurance boxes showing the customer does not want the insurances. because we do not offer insurance. Do we still need to have the customer sign something showing a denial of the insurance? I say no we do not but another lender disagrees. Help!