Most Popular Lending Content
Toughest Banking Regulator
08/30/2020
Which regulator issues the most enforcement actions?
Fair lending is more than mortgages
08/30/2020
The CFPB hasn’t been active in fair lending other than mortgages, correct, does this present any challenges?
Exception Reporting Software Features
08/30/2020
What features should we look for in an exception reporting system?
Loan for 2nd Home-Closing Papers/Closing Package
08/26/2020
We have a loan that we are working on that is a purchase of a second home. The borrowers are son and daughter in law and mom. Son and daughter in law live in Michigan, mom lives in Florida. * How do we get the closing papers signed and what should they be dated? * Do we send two closing packages, one to each and then combine them, or send one closing package and have the son and daughter in law forward to mom? * Can they date the documents before the closing?
FI's Monitoring Credit Cards in Regards to AML
08/23/2020
For financial institutions offering credit cards to businesses and consumers that are issued and handled directly by the FI and are not outsourced or monitored through a third party, how are other FI's monitoring their credit cards in regards to AML? Are they monitoring them through reports and/or a monitoring system or both?
