Most Popular Lending Content
Filing Fee (Lien on Title) and UCC1 Recording Fee
03/22/2020
If you have a Filing Fee (lien on title) and a UCC1 recording fee to the State, would both of these amounts be reflected in the Fed Box or just the Filing fee on the title?
Agent Bank Responsibilities for Reg B & AAN
03/22/2020
As a lender (agent) in a syndication deal, what are the responsibilities of the agent bank with respect to Regulation B (ECOA) compliance specifically related to adverse action notice requirements?
Duplicate Customer Records in Imaging System
03/22/2020
How often should we check for duplicates in our imaging system?
Commercial "Life of Loan" Software
03/15/2020
What basic features should a commercial life of loan software offer?
Reg Z “Paid Outside of Closing” Costs
03/15/2020
I'm looking for clarity concerning Reg Z and documenting a borrowers payment of costs on the Closing Disclosure that are paid outside of closing. Specifically, fees for optional services like a Whole Home Inspection, Radon, etc. that a lender does not require. I thought there were separate rules for optional services? Reg (i) Charges that are not paid from closing funds but that would otherwise be disclosed in the table described in paragraph (k) of this section, should be marked with the phrase “Paid Outside of Closing” or the acronym “P.O.C.” and include a statement of the party making the payment.
