Most Popular Lending Content
Signature Requirement for UCC-1
02/23/2004
Is a signature necessary on a UCC-1 filing if we have obtained the borrower's signature on the loan for that particular item? Someone had informed us that it was not necessary.
Do Not Confuse Income and Revenue
02/23/2004
If an individual or sole proprietorship obtains a business loan and has no gross annual revenue on the business venture, should the income from the owner's employment at another entity be reported for the revenue amount if it is what was used in making the credit decision?
Lien Release Timeline
02/23/2004
How many days do we have to release collateral on consumer loans (i.e. vehicle titles - deed of trust)?
Where can I find a listing of the new 5 digit Metropolitan Statistical Area/Metropolitan Division Area Codes? Should I be using the new codes now?
02/23/2004
Where can I find a listing of the new 5 digit Metropolitan Statistical Area/Metropolitan Division Area Codes? Should I be using the new codes now?
ECOA Notice Requirement
02/23/2004
Do we need to give an Equal Credit Opportunity Act Notice to the borrower for an unsecured personal loan application?