10/13/2008
We are issuing HELOC suspension letters to all customers with LTV ratios of 85% and above. I understand the notification requirements of Reg Z Section 226.9, but do not understand what is required by Reg B Section 202.9. Could you please explain what Section 202.9 would require?
08/11/2008
What is the FDIC definition of a construction loan? What is the definition of a home improvement loan?
07/28/2008
According to FDIC regulation, what would be the appropriate way to calculate the necessary amount of flood insurance required for a loan? Can we subtract the site value from the outstanding loan balance and require a minimum of that amount since this is the amount of exposure we have for the building or must we use the market value minus the site value and take the lesser of that amount or the outstanding loan balance?
07/14/2008
Do we need to provide insurance disclosures to a customer who purchased credit life A/H insurance on a loan with a business related purpose?
05/19/2008
Can the bank set preapproved lending guidance on insiders? We would like to set an aggregate lending limit to each bank insider that would not need board approval if it met certain underwriting guidelines such as maximum DTI, minimum DSC, etc. I believe we would have these guidance levels approved yearly by the board. I am trying to make sure that we are not in violation of anything by doing this.
12/17/2007
What is required in a large bank CRA public file?
11/19/2007
I work for a community bank and am fairly new to banking. I'm looking for an advertising "Bible." I've found some resources and thanks for everything you do, but haven't found anything that's all encompassing. Any help would be appreciated!
11/05/2007
Where can I get new Fair Lending and HMDA posters for the lobby? I have searched the internet, but I know there has to be something I am missing.
09/03/2007
When relying on a previous flood certification on a loan that has been renewed, are financial institutions required to give the notice to borrower when the property is located in a flood zone? (Keep in mind we gave and retained a copy of the initial notice in the file.)
07/23/2007
Is it a violation if your flood hazard determination reflects one flood zone, but the insurance policy reflects a different zone? Do the examiners focus on the zones or mainly sufficient coverage/timing?