Most Popular Lending Content
You are following this thread Renewal of SBA Loan
04/07/2024
If a lender is cancelling the SBA guarantee on the existing SBA loan and converting that to a commercial loan, is it acceptable to pay off the existing SBA loan and simply create new commercial loan, or should we use a loan modification instead?
Disclosures for Payment Date Change
04/07/2024
When you are doing a modification to change a payment date on a loan do you need to give the Fed Box or other Reg Z disclosures?
Integrating software to the core
04/07/2024
What is a core integration?
Bonuses to Borrowers
03/31/2024
The Equity Originations line of business wants to start offering a cash bonus incentive for customers opening a new loan/credit line. The bank has offered cash bonuses on the deposit side for years, however never on the lending side. Under RESPA, I am aware that a cash bonus/incentive cannot be tied to a referral, but other than that I am struggling to find any regulatory constraints, guidance, or precedent. Any guidance would be appreciated.
Setting expiration dates for collateral documents
03/31/2024
How might using expiration dates in a document management system support collateral perfection?