Most Popular Lending Content
Correcting an Improperly Recorded Mortgage
09/02/2003
Our Loan Auditor found that one of our mortgages was recorded as homestead property and it is not homestead property, do we need to re-record the mortgage?
Reporting Home Improvement Loans
09/02/2003
Client is requesting a $13,000 home improvement loan paying off an unsecured $3,000 home improvement loan with additional funds of $10,000 for new improvements. This is not reportable in 2004 as a refinance. Should it be reported as a home improvement loan or not reported under HMDA at all.
Adding handling fee when force placing insurance
09/02/2003
When we force place homeowner's insurance and debit the balance of the loan, can we include a handling fee to be retained by the bank?
OCC Preempts Georgia Law
09/01/2003
The OCC has published its conclusion that national banks are not subject to the Georgia Fair Lending Act (GFLA"). The GFLA contains strong measures designed to prevent predatory lending.
Special Financing for Flood Victims
08/18/2003
This question would pertain to compliance, marketing and lending. Our Bank would like to offer special financing for our flood victims in our area. I need direction, as far as, being compliant.