Most Popular Lending Content
Action Taken Date
02/21/2021
On files that are closed for incomplete, we have been using the date the form expires as our action date for several years now, but your manual states, the date of the form. Do we need to be looking to change that, or since we have been doing it this way for several years, do you think we will be OK as long as we stay consistent?
Military Status and Foreclosure
02/14/2021
If our borrower hasn’t requested SCRA protection and is past due on her mortgage, can we start foreclosure as we normally would?
Hazard Insurance Policy and NFIP
02/14/2021
Is it true that the NFIP will only pay out if the borrower has hazard insurance in place on the property? Our bank's practice is to get hazard insurance at closing, but doesn't monitor for it after that. If the hazard insurance policy has expired and there is a flood, will the NFIP pay out?
Prepayment Penalties
02/14/2021
Do the revised rules restrict prepayment penalties?
Number of OCC-Supervised Banks in the US
02/07/2021
How many OCC-supervised banks are there in the US?
