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Appraisal Notification for Residentially Secured Business Loans>
02/11/2002
On the Good Faith Estimate and the HUD1 Settlement Statement, what is the appropriate line for property taxes paid outside of closing and flood determination fees (we use two lines for this)? Also, is the right to receive a copy of the appraisal notices required on business purpose loans secured by residential property, such as loans to builders?
Using DBA On Sole Proprietorship Loans
02/11/2002
When making a loan to a sole proprietorship can you list the 'DBA' under the individuals name and SSN?
Required Employee Training
02/11/2002
I'm a new compliance officer and I need to know what regulations require employee training. I'm in the process of putting together a compliance training calendar for my bank.
Vehicle collateral
02/04/2002
What is the normal procedures for authorizing our vehicle(collateral) to exit the United Sates. For example we have request to take our collateral to Mexico for a period of time. I would appreciate any information available.
Quoting Rates: Ranges vs. Actual APR
02/04/2002
We are having a debate on how we are to quote rates to clients. My understanding is that we are to quote APR's to customers, however there are a few loan officers who say that an APR range is acceptable. What does the Reg say?