Most Popular Lending Content
Is this Servicemember Protected by SCRA?
05/23/2005
I have a customer that enlisted after obtaining a loan from our financial institution. She has provided orders from the Department of the Army which reads "You will proceed on permanent change of station as shown." I am confused as to whether this constitutes a "call to active duty." She is asking us to reduce her interest rate and payment amount. Please clarify this for me as to what is "a call to active duty."
Do we HMDA a Loan for New Appliances?
05/23/2005
Would a loan be HMDA reportable if the proceeds are being used for the purchase of home applicances? In a way I think it might be considered home improvement, but on the other hand, appliances aren't necessarily permanent fixtures.
Benefits of Cash-Out Refinancing
05/23/2005
What are the benefits of refinancing a mortgage, with respect to getting some cash, in the form of line of credit or equity?
Lending Reports to the Board of Directors
05/23/2005
What specific lending information should be reported to the board on a periodic basis?
Two loans at closing - one HUD-1
05/16/2005
I need to find out how to combine two mortgage loans on one HUD settlement statement. If you have a 1st loan and a 2nd no cost loan, where can I find guidance on how to combine this information on a single HUD 1?