Most Popular Lending Content
RESPA: The Section 8 Analysis
01/01/2004
We have been getting a lot of questions about whether different arrangements are permissible or violate RESPA. The world of mortgage lending has become incredibly creative.
FACTA and Credit Scores
01/01/2004
Over the past decade, there has been much discussion about credit scores, what they mean and how they are used.
RESPA Revision
12/15/2003
I have been looking for the resolution to the proposed rule on changes to RESPA regarding settlement costs as discussed in the July 2002 Federal Register. Comments were due by 10/28/02. HUD's website still indicates that they are proposals. Are there any links in BankersOnline that can provide an update?Thank you for your assistance.
Debiting a Military Customer's Account
12/15/2003
Can a financial institution debt an active military customer's account for loan payments without their permission?
Disclosure to Cosigners
12/15/2003
Parents cosign for a purchase money mortgage for their son and pledge their residence as additional collateral. Is a separate cosigner's disclosure required? If so, under what regulation?