Most Popular Lending Content
Pros and Cons of Commercial Loan Apps
11/26/2023
Currently, the bank I am employed by uses commercial loan applications. In my prior work lives, the banks never had a specific cmmercial loan application. Are they required? I realize some compliance related items are collected on them; but believe this could be done in another manner. Thoughts on this topic and why you would recommend keeping them or eliminating them.
Signature Required - Intent to Proceed
11/26/2023
Is a customer required to sign an intent to proceed? I have not found that in the Reg.
Lending exceptions
11/26/2023
What are lending exceptions?
Brush up on key HMDA requirements to ensure HMDA data is accurate for reporting on or before March 1, 2024.
11/26/2023
Who should really attend a HMDA Scrubbing and Submitting course?
HMDA Ag Exemptions
11/19/2023
Our borrower inherited half of her father's farm. We made a loan for her to buy her sister's half. The loan is secured by the farm. Our customer is going to rent out the land and the home. She won't be farming it herself but will be receiving rental income from it. Does this qualify for the agricultural exemption for HMDA?