Can a lender charge a customer for the cost of a soft credit pull prior to an application for example for a prequal or preapproval? I have heard that there are no federal prohibitions on doing this, but I would like to have more than one perspective please.
Should the financial institution count all transactions on its HMDA LAR for the 2 preceding calendar years to determine if it is no longer required to report for HMDA?
Will the new open-end reporting threshold of 200 originated lines in each of the two prior calendar years also go into effect as of July 1, 2020?
How long will the Interim Final Rule (IFR) stay in place?
My examiner has told me to stop writing real estate evaluations because I was making adjustments to the sales used but I’m not an appraiser. Do you have any solutions for me to use so I can continue writing the reports?