Most Popular Lending Content
Joint Applications - Special Procedures?
03/21/2005
I can't find anything in Regulation B on how my bank procedures should be set up for extensions of joint credit. Are there special procedures that should be followed when taking a joint application from one applicant over the phone or Internet?
Can a Defaulted Loan be Modified?
03/07/2005
I would like to modify my client's defaulted loans with the lender, perhaps by getting the lender to add the arrears amount and assessed fees to the back of the mortgage contract. Is there certain documentation needed for this request, or how can I competently make this request?
Do I have to give the credit score notice? -- Kirchman
03/07/2005
On residential loans our bank does not use a customer's credit score in the credit determination, however, the credit score is on the credit reports that we receive. Are we required to provide the customer the credit score notice required by the FACT Act?
Setting the HELOC Maturity Date
03/07/2005
What criterion do you use in determining the maturity date of HELOC loans? Is it the closing date, or is the disbursement date the official standard?
Simplifying Geocoding -- GIS Dynamics
03/07/2005
How can my institution make geocoding as simple as possible?