Most Popular Lending Content
List of Finance Charges
03/01/2004
Is there a list of charges for mortgage loans that are considered prepaid finance charges?
GMI & Coding Race
03/01/2004
If you are unsure about the race of a borrower what should you do?
Responding to Nature's Hazards
03/01/2004
FDIC has again issued guidance on steps institutions may take to help rebuild areas affected by severe storms. FIL-57-2004. These issuances come out with predictable regularity after bad storms.
Do Commitment Letters qualify as a Preapproval?
02/23/2004
Although we have no formal Preapproval program, we do have mortgage loan officers that will provide commitment letters to an applicant if requested. Does this qualify as a Preapproval?
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.