Most Popular Lending Content
HMDA Refi vs. Modification
08/16/2004
For HMDA, what is the delineation between a modified loan and a refinanced loan? Say a loan's terms are changed (went from interest only to an amortizing basis) but the loan number remains the same. Is this dependent on the same test for Reg. Z, a replacement of the loan document?
Crop Liens Should be Filed Where?
08/02/2004
To perfect a lien on crops, where should we file? Several seminars have said to file at the state; however, our bank does not feel comfortable not filing a lien at the county level.
HMDA Rate Spread Reporting
08/02/2004
We have a loan that is not HOEPA applicable. Do we still have to calculate the rate spread? If so, what additional disclosures are required if the spread exceeds 3 percentage points for a first lien?
Occupancy on LAR, 2nd Home
08/02/2004
When a mortgage is for a second residence, how would someone mark that on the HMDA Loan Application Register under the occupancy code?
Efficient Residential Lending -- TransUnion
08/02/2004
How can residential lenders easily expand their lending footprint and borrower reach while maintaining cost control and efficiency?