Most Popular Lending Content
Does Flood Apply Under Abundance of Caution?
04/04/2005
The bank is making a loan and taking property (with building) as an abundance of caution. This property is located in a flood zone. Is flood insurance required when our collateral is taken as an abundance of caution?
Reg O and minority partnership interests
04/04/2005
Lending question related to Reg. O : How are loans to executive officers affected in partnerships where the executive officer holds a minority interest?
Document Review Fee a Finance Charge?
04/04/2005
A simple question that may be obvious: We know that "document preparation" fees are not finance charges under 226.4(c)(7), but what about a "document review" fee?
Form 1003 and Joint Intent
04/04/2005
Is Fannie Mae form 1003 adequate for Regulation B's intent of joint application for FDIC banks? ABA said it was, but did FDIC agree?
Do We Need to Give Another Flood Notice?
04/04/2005
We are making a new loan to pay off a home loan and add additional funds. The property is in a flood area and notice was given to the customer on the existing loan. Since we are able to verify that the customer has been notified of the flood status prior to the existing loan, what are the requirements for reasonable notice?