04/12/2010
Will you explain the difference between a prequalification and a preapproval for HMDA, RESPA and OCC purposes?
02/23/2009
We have a credit life/disability insurance program available to our consumer loan clients which is offered after the loan request is approved. When does the Federal Credit Insurance Disclosure need to be provided in this circumstance?
11/24/2008
Is there any regulation preventing a bank from having a lending office only issue cashier's checks without becoming a limited servicing branch?
10/27/2008
Is it necessary under fair housing to disclose assets/net worth? The question has been raised that we must input all customer asset information on HELOC applications to give an accurate net worth for fair housing. Any lender I have ever worked with has never done this.
03/24/2008
Are guarantors included in loans to one borrower limitations?
11/05/2007
Where can I get new Fair Lending and HMDA posters for the lobby? I have searched the internet, but I know there has to be something I am missing.
07/02/2007
We are a national bank and a member of the FDIC. On our internal calculation of the past due ratio, non-accrued loans are being subtracted from total loans and then non-accrued loans are not considered in the 30, 60, 90+ days past due. Should non-accrual loans be included in total loans since they are loans outstanding? Is there any OCC or FDIC rule that either supports using non-accrual loans or states that non-accrual loans are not to be included in the calculation of total loans and past due percentage?
05/14/2007
Reg O - Individual Lending Limit, what is the definition of the term "readily marketable collateral" in relation to an insider's lending limit (the additional 10% of unimpaired capital and unimpaired surplus)? Is real estate with a valid appraisal considered "readily marketable collateral"?
03/12/2007
This question is about placing an ad in the newspaper for commercial lending. I assume we don't need to have the FDIC logo in the advertisement, but do we need to state that we are an equal credit opportunity lender? Is there a requirement that says we must state that we do not discriminate on the basis of race, religion, etc.? We thought we would include it anyway, but we are having trouble finding where it specifically states that for commercial lending advertising.
03/05/2007
This question is about placing an ad in the newspaper for commercial lending. I assume we don't need to have the FDIC logo in the advertisement, but do we need to state that we are an equal credit opportunity lender? Is there a requirement that says we must state that we do not discriminate on the basis of race, religion, etc.? We thought we would include it anyway, but we are having trouble finding where it specifically states that for commercial lending advertising.