What are credit documents?
How are we responsible for what a vendor does when we outsource to them?
Where do loan documents come from?
If a "Can Shop For Fee" was disclosed on the loan estimate, but at closing that fee was not needed/purchased, is the fee removed from the 10% tolerance calculation? Or is it still recognized and included for cumulative totals?
We have a transaction in which the subject property in the person's investment property and the funds are going to be used to pay off consumer debt. For HMDA would this be coded as Primarily Business/Commercial Purpose since the collateral is non-owner occupied?