Most Popular Lending Content
What Makes CRA So Difficult?
12/01/2004
At its core, CRA is a simple concept. It simply says that financial institutions should make loans and investments and provide services in their service area.
Policy Reviews
12/01/2004
Question: Every year we load up our board meeting with policy reviews. And every year, we get complaints from the board and management about how time- consuming this process is.
Purchase Loan Financing
12/01/2004
Question: We are a little confused after talking with our examiner about the differences between a purchase money loan and a refinancing when the refinancing is of the purchase mon
What Fees Are Section 32 Applicable
11/29/2004
What fees are included in the Section 32 home equity loan?
Rescission on Bridge Loans
11/29/2004
When providing a lot loan and construction financing, often we require a lien on the borrower's existing residence as additional collateral. Since the purpose of the loan is to purchase/construct a new home, is the loan subject to the 3 day rescission requirement due to the collateral lien on the old home?