Most Popular Lending Content
Credit Documents
04/17/2022
What are credit documents?
Banks responsible for vendors actions
04/10/2022
How are we responsible for what a vendor does when we outsource to them?
Loan Document Sources
04/10/2022
Where do loan documents come from?
Tolerance amounts when a TRID fee becomes NA
04/10/2022
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?
Purpose for HMDA
04/03/2022
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?
