Most Popular Lending Content
HUD 1/1A and Privacy
08/16/2004
Does disclosing a service provider as a "borrower" or "customer of the bank" on the HUD 1 present a privacy issue? It just doesn't seem right. If they are both a frequently used servicer and a customer must we list both?
Does RESPA Apply
08/16/2004
Does RESPA apply if the grantor of a dwelling is not a borrower on the note?
Stretching Your Loan Goals -- Vision Marketing Services
08/16/2004
As we put together our 2005 budget, how can we increase our revenue forecasts for mortgages and consumer lending in an environment with rising rates?
Carrying Escrows Forward
08/16/2004
We have several real estate loans that we are refinancing. The existing loans have escrows. The new loans will have escrows as well. What kind of a procedure do we need to go through to transfer the escrow balances to the new loan: Do we need to do a short year escrow analysis on the old loan and an initial escrow disclosure on the new loan?
HMDA Refi vs. Modification
08/16/2004
For HMDA, what is the delineation between a modified loan and a refinanced loan? Say a loan's terms are changed (went from interest only to an amortizing basis) but the loan number remains the same. Is this dependent on the same test for Reg. Z, a replacement of the loan document?