Most Popular Lending Content
Is email receipt of the LE sufficient
01/19/2020
We mailed the borrower’s Loan Estimate and they emailed us that it was received, and they want to proceed with the loan. Can we act on this emailed notice?
MIL - Open-end and ODP Coverage
01/19/2020
The Military Lending Act does not specify if the Act applies to an open-ended Overdraft Protection line that is tied to a checking account or a closed-ended loan secured by the applicants’ deposit accounts such as a savings and/or certificate of deposit. Does the Rule apply to both consumer credit types?
Estimating construction loan interest
01/19/2020
How is interest estimated for a multiple advance construction loan?
Rate Spread for HMDA on a Construction-Permanent
01/19/2020
When reporting the rate spread for HMDA on a construction-permanent loan, should the rate spread for the construction phase be reported or the permanent phase, which will take place a year later?
Rules on Loan Modification on Real Estate
01/12/2020
What are the rules when doing a loan modification on real estate? This loan is secured by 36 acres of vacant land if that matters.
