Most Popular Lending Content
Pursuing Deficiency Judgment Even After Partial Satisfaction Of The Obligation
02/03/2003
As a secured party, if I collect partial satisfaction of an obligation, may I still pursue a deficiency judgment?
Flood Determination & Balloon Mortgages
02/02/2003
If one obtains a flood determination at the origination of a real estate mortgage that has a balloon feature, is it necessary to order another flood determination at each time of renewal?
Disclosures: Using A HELOC To Pay Off First Mortgage
02/02/2003
If a customer is paying off a first mortgage with a new home equity line of credit, do we need to disclose the first mortgage payoff in any disclosures?
Online Vendors For Flood Determination
02/02/2003
I am interested in flood hazard determinations. Instead of signing up with a company to do my determinations, is there a web site that will be approved by my regulators that we can do ourselves. If so, can we also charge a fee for this service?
Can we be cited for over disclosing RESPA if we give a discosure when it's not required?
02/02/2003
One of my bank officers gave RESPA disclosures on a loan that was covered by the exemption section of the reg. Are we exposing our bank to be written up for a compliance exception by over disclosing when not necessary?