Most Popular Lending Content
CRA problems in redlining cases
01/09/2022
How does redlining violate the Community Reinvestment Act?
Flood CMPs in 2021
01/09/2022
What has happened to flood penalties in 2021?
Incomplete Mortgage Apps with an Address
01/09/2022
This question is regarding incomplete mortgage applications with an address. (ie: Refi's) Here is the scenerio: Bank approves an application based on the information provided by the consumer, mails the approval letter out which states that based on the application and credit report their loan has been approved subject to the verification of income, assets, and any additional documents deemed necessary from underwriting. The lender then sits on the file for several months without contacting the customer and then withdraws it stating it is being withdrawn due to no contact. Should this considered an incomplete application based on the consumer not getting the required documentation to the lender or can it be considered withdrawn since there was no contact with lender since the approval letter?
Robo-redlining
01/02/2022
What is digital redlining?
A LAR for small business lending
01/02/2022
When should we expect having to gather small business loan data for Reg B?