Most Popular Lending Content
Showing/Calculating Escrows for a Good Faith
10/18/2004
During a RESPA phone seminar, we were told that we need to include escrow reserves on the Good Faith if we know the customer wants to escrow his taxes and insurance. Taxes are not hard, we can easily figure when those are due. Insurance on a refinance is different. What do we put on the good faith if we have no idea when their insurance is due?
Government Monitoring Information
10/18/2004
When is the government monitoring information not required?
Balloon Loan Disclosures
10/18/2004
What law or regulation addresses the balloon notice requirement for mortgage loans? Is it a state law requirement?
HMDA MSA Boundaries - Mary Beth Guard
10/11/2004
HMDA MSA Boundaries
Answer by Mary Beth Guard, BOL Guru
Guru BIOS
Disclosure of Construction to Balloon Loan
10/04/2004
If a loan is made to a consumer as a short-term construction loan, and after construction is then converted to a 5-year balloon loan, what are the disclosure requirements?