Most Popular Lending Content
APR was wrong on a TRID loan. Do we send a corrected post-closing CD to the borrower?
04/21/2024
An auditor just told us we have an APR violation on a TRID loan, and we need to make restitution to the borrower. Don’t we need to send a corrected Closing Disclosure too?
Loan denied based on guarantor.
04/21/2024
How would a commercial application denied based on the DTI of the guarantor be handled? In this case, the credit report of the guarantor was used to determine their debt level.
Distribution Channels for Commercial Loan Notices
04/21/2024
How do financial institutions distribute notices to commercial loan customers?
Written Permission to Access Credit Reports Required
04/21/2024
Is a person’s written consent required for us to access their credit bureau file?
Any junk fees to worry about on the loan side?
04/21/2024
I keep hearing about junk fees everywhere. I work on the loan side, though, and it seems like everything is on the deposit side. Is there anything I need to be aware of for loan fees?