What types of documents are banks digitizing in an effort to reduce paper?
If we are renewing, extending or increasing a loan do we need to do a new flood determination? Can it be recertified?
Doing annual statements is a real pain every month. What can we do to make these easier?
We have made a loan to a builder to construct a spec home. Does ECOA apply? The same builder also has a contract build; does ECOA apply to that? We structured both of these as interim construction because both will be refinanced once the homes are complete. Neither will be our borrowers as these are investment properties.
What does the "stay" of the compliance date for the Payday Loan Rule do?