Most Popular Lending Content
Service Provider Confidentiality Agreements
02/11/2002
I am unsure what type of service providers we need a confidentiality agreement with. Some examples are: appraisers, realtors, surveyors, Insurance underwriters, Inspection companies, title companies, janitroial services, attorneys used for legal purposes for the financial insitution, attorneys used for title searches and other legal work involving a loan, Insurance companies use to obtain insurance coverage for the bank.
UCC, Bankruptcy, and Secured Lines of Credit
02/11/2002
If I have a matured line of credit secured by a UCC filing on inventory and accounts receivable and my customer files bankruptcy, assuming my collateral is now under the jurisdiction of the court, is my collateral protected? If not, is there anything I can do to protect it?
Appraisal Notification for Residentially Secured Business Loans>
02/11/2002
On the Good Faith Estimate and the HUD1 Settlement Statement, what is the appropriate line for property taxes paid outside of closing and flood determination fees (we use two lines for this)? Also, is the right to receive a copy of the appraisal notices required on business purpose loans secured by residential property, such as loans to builders?
Using DBA On Sole Proprietorship Loans
02/11/2002
When making a loan to a sole proprietorship can you list the 'DBA' under the individuals name and SSN?
Required Employee Training
02/11/2002
I'm a new compliance officer and I need to know what regulations require employee training. I'm in the process of putting together a compliance training calendar for my bank.