Most Popular Lending Content
Commercial Loan Now HMDA Reportable
03/15/2004
We have a commercial business loan and the collateral is the owners personal residence and the purpose of the loan was working line of credit. The loan comes due this year and we will be renewing it. Is this now HMDA reportable?
HMDA Home Improv. Reportable
03/15/2004
In the past if we did not classify a loan as a home improvement loan we were not required to report it on the loan application register. Now I hear that as of January 1, 2004, all home improvement loans are to be reported regardless. Is that the case?
Business Purpose Loan, Residential Refinance, and HMDA
03/08/2004
Is a business purpose loan that includes a refinance of residential real estate taken as an abundance of caution reportable for HMDA?
Calculating the Rate Spread
03/08/2004
What information is needed in order to calculate rate spread?
Data Integrity: Reviewing the CRA Loan Register
03/08/2004
Should we conduct a data integrity review of our CRA Loan Register each year?