Most Popular Lending Content
HMDA Revision of Definitions/Rules
03/01/2004
At a HMDA seminar last fall the speaker stated that due to the wording of the new rules for a refinance, the refinance of a 25+ acre farm will no longer be exempt from HMDA. He stated that they would probably correct it, but I haven't heard anything. Do you know if it is or is not reportable now?
Burden Relief?
03/01/2004
In the process of reviewing regulations to identify candidates for regulatory burden relief, the banking agencies have come around to the consumer protection list.
Attorney Selection Based on Who Is Paying
03/01/2004
Can a seller of a property who is paying any portion of the closing cost force the purchaser to use an attorney that they, the purchaser, don't want?
CRA Data Collection for New Businesses
03/01/2004
What revenue code do I use to report on start up businesses?
Warren Dennis: A Fair Lending Legend
03/01/2004
On January 31, 2004, we lost a fair lending legend. Warren Dennis was an individual who made a huge difference in the world of fair lending.