Should the costs the seller is paying show as prepaid finance charges for APR purposes on the TIL?
What disclosures are required when you convert a variable rate HELOC in default to a HELOAN (fixed rate) and then back to a HELOC (variable rate) after a specific length of time? Can you do this?
Are additional disclosures required if a lending institution elects to act as the seller of a repossessed automobile?
Assuming your interest rate is locked at application and your initial APR is below HPML trigger, if loan fees change causing the closing APR to increase (no change in rate) what APOR index date do you use to determine if you have an HPML? I understood it to be the date the rate is locked or set, but now I'm hearing you also have to verify the closing APR to see if you have a HPML?
I have a purchase money mortgage with a non-occupant co-signer. Can both parties sign one set of disclosures and one loan application or do we need them to each sign their own set?
On consumer real estate loans, when we have a tolerance issue between prelim disclosures to final documents, we have been providing a revised GFE at closing. Can you tell me if this is an appropriate way to handle this?
What loan documents require an original signature and when is an electronic signature or facsimile sufficient?
I know that principal dwelling on 25 acres or more is exempt from RESPA, but do you still consider it as a higher-priced mortgage loan under REG Z or can we treat it like a commercial loan?
We are considering taking loan applications online. What are some key things that need to be considered as we go through this process? What questions should be asked?
Why do loan modifications not require a good faith estimate or some type of document outlining the specific fees? And why is it not required that loan modifications go through a settlement agent?