Most Popular Lending Content
Right of Offset
11/03/2003
What is our right to offset a delinquent personal loan with a DBA deposit account bearing the same social security number?
Early Disclosures on Construction Loans
11/03/2003
Our most recent compliance review said we should be sending out early disclosures for RESPA and Reg Z on construction loans. We have been making construction loans for years and this has never come up before. We don't extend permanent financing approval until processing is complete. No one else in our market is doing these disclosures either. Help!
"Financed By" Signs
11/03/2003
On a commercial building site, we wish to place a sign stating: "Financed by (top) Bank Logo with Member FDIC(middle) and bank phone # (bottom)." I think this is generic enough to not trigger any problems for us, but would appreciate knowing if others have words of advice for these types of signs.
BSA Examinations
11/01/2003
The agencies are in the process of publishing new examination procedures for the new components of anti-money laundering programs generated by the USA PATRIOT Act.
High Cost Loans: HMDA v. Truth in Lending
11/01/2003
We are about to enter a period of reporting information on high cost loans on the HMDA LAR. The fun begins on January 1, 2004 - actually the first business day after that date.