Most Popular Lending Content
Right of Rescission
02/02/2004
I saw the question on HELOC's and if you need a 3 day ROR.The answer was "Yes always", what if it is secured with rental property that is not the applicants primary residence?
Preemption and Predatory Lending
02/01/2004
The OCC has issued a final rule to preempt state laws that have the effect of limiting the powers of national banks.
Another BSA Enforcement by FRB
02/01/2004
The FRB, together with the Ohio Division of Financial Institutions, has reached a written agreement with the Custar State Bank to resolve deficiencies in compliance with BSA and lending practices.
Disclosures on HELOC to Purchase Home
01/19/2004
What required disclosures to you need on a HELOC ifthe main purpose of the loan is to purchase the borrowers' house? They are only asking for $40,000.00? Do you need an early truth in lending disclosure or early good faith estimate and any other early disclosures?
Advance Notice of Hazard Insurance Force Placement
01/19/2004
How many days notice must we give a customer to obtain hazard insurance on a residential property before we force place insurance?