Most Popular Lending Content
FACT Act: Final Rule on Identity Theft
11/01/2004
It's official. The final rule on the identity theft flags and active duty alerts is out. It takes effect on December 1, just in case you had nothing planned for Thanksgiving.
HELOC Disclosures
11/01/2004
We are an FDIC regulated bank and are considering starting to offer HELOCs. What are the required disclosures and are there good "cheat sheets" you could recommend? I am fairly new to compliance and would appreciate some help in understanding this product.
Loan and Deposit CIP Procedures
11/01/2004
Question: Is there a difference between CIP programs for loan customers and for deposit customers?
Rescission Days
11/01/2004
If a loan is closed on Thursday before close of business and Saturday is considered a business day for the purposes of the rescission rules, when would the required three-business-day rescission period expire?
Customer Identification Documents
11/01/2004
Question: What copies can or should we make of documents that were used to identify customers?