Most Popular Lending Content
Military Status and Foreclosure
10/30/2022
If our borrower hasn’t requested SCRA protection and is past due on her mortgage, can we start foreclosure as we normally would?
HMDA reporting of business loans
10/30/2022
I thought business purpose loans were exempt from HMDA reporting.
Returning Excess Escrow Amounts
10/30/2022
Are surplus escrow funds required to be mailed out in the form of a check to customers, or are there other ways the funds can be provided back to the borrower?
“Third-party” loan imaging system
10/30/2022
What is a “third-party” imaging system and why would a bank opt for one?
Can a Commercial Installment be a Revolver
10/30/2022
On an existing commercial loan, can you add new money as long as the amount doesnt exceed the original loan amount? For example, an original loan was $74,000 with a current balance of $64,000, may we add-on $2,000 in new money. The maturity date and interest rate will remain the same
