Most Popular Lending Content
HMDA Rate Spread Reporting
08/02/2004
We have a loan that is not HOEPA applicable. Do we still have to calculate the rate spread? If so, what additional disclosures are required if the spread exceeds 3 percentage points for a first lien?
Occupancy on LAR, 2nd Home
08/02/2004
When a mortgage is for a second residence, how would someone mark that on the HMDA Loan Application Register under the occupancy code?
Conflicting Rules
08/01/2004
Question: When one office of a regulator says one thing and another office in the same regulator says something that conflicts, what do we do?
Preparing for the FACT Act: A To-Do List (Activity List)
08/01/2004
During the next six to ten months, the FACT Act provisions will continue to take effect.
Short Term Loan
08/01/2004
Question: If we are making a temporary loan, such as a bridge loan, is it subject to rescission?