Most Popular Lending Content
Correcting a Loan Estimate
03/19/2023
On the loan estimate, I input it as a balloon rather than installment which drastically increased the payment. Do I need to redisclose theis with a revised LE or do I make the correction in the closing disclosure?
Barcode strategy for document imaging
03/19/2023
What are some factors to consider when developing a barcode strategy for imaging?
Unpaid Board Members and Reg O
03/19/2023
We have a board member who sits on the board of a condominium association, but does not receive any compensation to do so by the association. Would making a loan to the condominium association be considered a conflict of interest/Reg O violation? We are thinking not since they are serving on the condo association as a resident (condo owner) in the complex.
Incentive for Loan Auto-Pay
03/12/2023
Instead of offering a preferred rate (discount) when auto-payments are set up for a loan, we want to offer instead a discount on doc fee charges. Is there any regulation/issue that would prohibit us from doing this?
Participation and LIFO Loans
03/12/2023
Participation and LIFO Loans
