Most Popular Lending Content
Credit Life at Renewal
01/07/2002
Can you issue credit life and/or disability when renewing or doing a change in terms on an existing closed end consumer loan?
TIL Disclosure on Financings of Repos
01/07/2002
Is a Lender required to disclose the Total Sale Price (5th box) on the TIL for consumer real estate loans in which they are purchasing a foreclosed property and will be using the property as collateral to secure the loan?
Making Customers Comfortable with Online Services
01/07/2002
We all understand the positive impact to our bottom line if more of our customers conduct transactions over the Internet. What must we do to make the Internet more secure and make consumers more comfortable conducting financial transactions and services on the Internet?
Locating the FCRA
01/07/2002
Where can I find a current copy of the Fair Credit Reporting Act online?
Is a TIL Disclosure Required?
01/07/2002
Are we required to give a TIL disclosure on a 9 month interest-only draw down credit line for new construction with no committed end financing (we do disclose at time of application). The loan is a 9 month interest-only payment and matures without a PandI payment made. There is no final closing; the loan is paid off by another lender.