Most Popular Lending Content
Switching Exception Tracking Systems
10/11/2020
What steps are involved with switching exception tracking systems?
Disclosing PMI on CD
10/11/2020
PMI Insurance, we are receiving contradictory views on how to complete the escrow block on the closing disclosure. What is your take on how the Closing Disclosure should be completed when the borrower is paying PMI and with no prepaid PMI?
Force Place Insurance in the Correct Flood Zone?
10/11/2020
Here is our problem. Our customer's house is barely in flood zone A but the insurance agent wrote it in zone X. The home equity loan is for $76,100 and the flood coverage is for $140,000. Are we ok or do I need to force place insurance in the correct flood zone?
Send Periodic Statement for Charge Off Notice?
10/11/2020
Do we have to send a periodic statement on a closed-end mortgage loan on a dwelling, where both borrowers are now deceased and the property has gone thru a short sale and the remaining balance is charged off? We are currently not providing the "Suspension of Statements & Notice of Charge off".
Manual Exception Reporting vs. Automated Alerts
10/04/2020
What are the tradeoffs between manual and automated exception reporting workflows?