Most Popular Lending Content
UDAAP penalties can be costly
11/10/2019
How much "teeth" does UDAAP really have to penalize a bank?
Reason for Suspicious Activity on SAR
11/10/2019
We have a customer who asks for random people's help by having them issue checks to him and he provides them cash (more than the amount on check) in return. For us, it's suspicious but don't know what is the best reason to put in the SAR?
Open-end or closed-end?
11/10/2019
How are lines of credit that do not revolve treated; are they open-end or closed-end?
Can Borrowers Pre-sign the Closing Documents?
11/10/2019
We have a borrower who will be out of state on the closing day of their purchase money mortgage. Are there any issues with having the borrowers pre-sign the closing documents? (For example, the closing is on 10/01 and all the docs are dated 10/01, but the docs are signed and notarized 09/27.)
Prohibited Bases of Discrimination
11/10/2019
Is age a prohibited basis of discrimination under the Fair Housing Act?
