Most Popular Lending Content
Must an entity be registered in the bank's state?
05/21/2023
My bank is in Texas. When an entity like an LLC is registered in a state other than where the bank is and wants to open deposit accounts and loans, should it be registered in our state or otherwise be "officially" registered here in some way? Does it make a difference if the owner lives in the bank's state?
How long is a Deed in Lieu reported
05/21/2023
How many years should Deed in Lieu of Foreclosure coding stay on a credit report? Our customer is referring to the Rocket Mortgage website which states 4 years but I can't find confirmation on any of the credit bureau websites or CDIA/metro II guide.
Redlining and the new emerging threat.
05/21/2023
Did you know that Section 1071, small business data reporting may potentially bring redlining risk to your institution?
The new lens your FI needs for lending compliance programs.
05/14/2023
Does your FI consider CRA and Fair Lending to be two separate programs?
Ad disclosures on HELOC statements
05/14/2023
On Home Equity Line of Credit statements, is it required or acceptable to include the FDIC and Equal Housing Lender logos for notices and statements?