Most Popular Lending Content
Lien Release Timeline
02/23/2004
How many days do we have to release collateral on consumer loans (i.e. vehicle titles - deed of trust)?
Where can I find a listing of the new 5 digit Metropolitan Statistical Area/Metropolitan Division Area Codes? Should I be using the new codes now?
02/23/2004
Where can I find a listing of the new 5 digit Metropolitan Statistical Area/Metropolitan Division Area Codes? Should I be using the new codes now?
ECOA Notice Requirement
02/23/2004
Do we need to give an Equal Credit Opportunity Act Notice to the borrower for an unsecured personal loan application?
Making Loans to Illegal Aliens
02/23/2004
I ask this with no small amount of trepidation, but I must know, is there a law or reg which specifically addresses making loans to illegal aliens? Not one person I've spoken with can answer the question. I've always assumed it wasn't possible.
Documenting Declined Insurance
02/23/2004
Is it a requirement to any regulation that the customer sign on their loan documents that they decline credit life insurance? We give the required notice at application that any insurance sold isn't covered by FDIC, but I'm just wondering about if a customer doesn't want the insurance.