Most Popular Lending Content
Application of Extra Principal Payments
01/07/2002
When making an installment payment on a 2nd mortgage, can I specify that any extra payment amount, let's say $50.00, be applied to the principal and not against the next month's payment? Is the bank obligated to apply this extra amount of $50.00 against the principal if I request it to be done that way?
Predatory Lending: FRB Issues Final Rules Under HOEPA
01/01/2002
It's official. The Federal Reserve plans to stop predatory lending by making the disclosures for high-cost mortgages more complex.
What We Do Wrong With Compliance
01/01/2002
The core group of compliance regulations are for consumer protection.
Reg Z: The Annual Reg Z Proposed Commentary Update
01/01/2002
Just in time for New Year's, the FRB has issued a proposed update to its Official Staff Commentary to Regulation Z. The Commentary is the exclusive interpretive document for Regulation Z.
Training Customers to Use Their Rights
01/01/2002
Compliance isn't enough. Consumers need help. You can help them. By helping consumers, you provide better service and make your institution more valuable to the consumer.