Most Popular Lending Content
Credit Card Offset
04/05/2004
Do we have the right of offset from a checking or savings account to collect on a past due/charged off credit card?
HMDA Occupancy Code Non MSA Property
04/05/2004
Should we be reporting a HMDA code "3" in the owner occupancy category when the property location is not in an MSA, or can we report a "1 - owner occupied" or "2 - not owner occupied"?
Prepaid Charges Affecting the APR
04/05/2004
If fees are marked POC on the HUD-1, fees that are NORMALLY considered prepaid items...do they need to come out of the amount financed and affect the APR? We have brokers and customers that do not want POC items that are prepaids to reflect in the APR.
TILA Reimbursement Tolerance
04/05/2004
If a finance charge is understated on a TIL and restitution needs to be made, is the bank allowed to keep the tolerance, and would you state any pro and con reasons for this?
HUD Fair Housing Grants
04/01/2004
HUD has awarded 121 fair housing grants that total $17.6 million. These grants are part of the Fair Housing Initiatives Program.