Most Popular Lending Content
Do We Disclose if We Charge Back a HELOC Check?
10/25/2004
If a credit card or HELOC account isn't subject to Check 21 but a check drawn on these accounts can become a substitute check, do we have to make a consumer awareness disclosure if one of these checks bounces?
Do We Send Disclosures to HELOC or Credit Card Accounts?
10/25/2004
Many credit card and HELOC accounts allow customers to take advances by writing checks. Will we need to make Check 21 disclosures to these customers?
Will Credit Card or HELOC Checks be Imaged?
10/25/2004
Are the checks that a consumer might draw against a credit card or HELOC account eligible for truncation and reconversion under Check 21?
Proper Completion of the HUD-1
10/18/2004
It was mentioned at a webinar that the property taxes collected at closing need to go on line 1003 of the HUD-1 Settlement Statement but also on a line in the 800 section. Could you further explain what is supposed to be put in the 800 section?
PMI on Construction Loans
10/18/2004
Is it common for banks to put PMI on construction loans? We are looking at this but are having a hard time with the disclosures such as the "PMI cancel" notice.