11/22/2020
Do the flood regulations differ for SBA or Conventional loans?
11/22/2020
Is a creditor subject to the Payday Lending Rule permitted to receive payments by ACH transfer?
11/15/2020
When assets inside the building also secure the loan, such as through a business security agreement, how often must we review the value of those contents to ensure sufficient contents coverage? What if there are no contents only other non-insurable assets, can we document the file to show no assets are insurable and not require contents coverage
11/15/2020
Can disclosures and notices be provided electronically under the Payday Lending regulation?
11/08/2020
If we are renewing, extending or increasing a loan do we need to do a new flood determination? Can it be recertified?
11/08/2020
Who are the consumers the Payday Loan rule is designed to protect?
11/01/2020
Doing annual statements is a real pain every month. What can we do to make these easier?
11/01/2020
What does the "stay" of the compliance date for the Payday Loan Rule do?
10/25/2020
While auditing a mobile home loan I saw escrow statements. Isn’t this unnecessary since RESPA doesn’t apply when we don’t have real estate as our loan collateral?
10/18/2020
When reporting revenue on the small business LAR can you please clarify the following for me:
We have a loan program called "Low Doc" in which financials are not used in making the credit decision based on a number of factors, however we do have the revenue information from the customer. In order that these loans are not reported as a code 3 – and not counted in our CRA totals, is it appropriate in using the business revenues that the customer provided?