Most Popular Lending Content
Community Banks Outperform In Services To Underserved
03/01/2003
Several studies by the Woodstock Institute underscore an important role community development banks play in the financial institutions industry: serving the "underserved."
COMPLIANCE CALENDAR
03/01/2003
MARCH
Data Collection: It's an Idea Past Its Prime
03/01/2003
The Federal Reserve has spoken. Monitoring data may only be collected under controlled circumstances and for purposes of self-analysis.
Written Permission To Obtain Credit Report
02/17/2003
Is it required to have written permission to obtain a credit report on a potential borrower? If so, could you please tell me where I can find the information - what regulation?
Flood Insurance Requirements For Unoccupied Dwellings or Mobile Homes
02/17/2003
We are financing the purchase of land with a small cabin on it and taking as additional collateral a piece of property with a mobile home and pole barns on it. The properties are or will be owned by a partnership and will not be owner-occupied. It has been determined that the property with the mobile home and pole barns on it is in a flood zone. The mobile home is not in good condition. No one is living in it. In this case, would the borrower have to get flood insurance on the mobile home?