Most Popular Lending Content
Removing Non-Borrower From The Title
02/17/2003
On a residential mortgage, is it a compliance violation to ask for a co/joint owner to be removed from the title if they are a non-borrower on the loan?
Residential Construction Loan Notice Requirement
02/17/2003
For a residential construction loan where the borrower will eventually occupy the home upon completion, is it necessary to supply preliminary disclosures such as the good faith estimate and truth in lending documents at the time of application?
Using An IRA As Loan Collateral
02/17/2003
Can an IRA be used as collateral for a loan?
Flood, Farms, and Financing
02/17/2003
If the bank has a mortgage on a farm, and the mortgage states "That it secures future loans to the borrower"-how do the flood determination rules apply? For example, if the borrower comes in and takes out a 60-day single-pay note. Do we have to do a new flood determination or check the accuracy of the existing flood determination we did when the mortgage was established?
Pursuing Deficiency Judgment Even After Partial Satisfaction Of The Obligation
02/03/2003
As a secured party, if I collect partial satisfaction of an obligation, may I still pursue a deficiency judgment?