Most Popular Lending Content
Using your Information System to Improve your Loan Portfolio
07/18/2005
How can my information system improve loan portfolio planning and control?
Definition of Temporary Financing
07/18/2005
What is the definition of temporary financing in regards to HMDA?
No property identified - Is the application valid?
07/18/2005
This pertains to a single family mortgage that is not exempt. Scenario: a lender takes a pre-app that does not define any particular property, but the lender does run a credit check on the borrower. Question: is the lender required to send any of the disclosures (GFE, etc.)that fall under the 3 day rule?
Do we need an application for this loan?
07/18/2005
If a bank is giving an unsecured installment loan for the purpose of purchasing a home, does the borrower need to fill out a Uniform Residential Loan Application or a Personal Financial Statement?
Is this a HMDA reportable loan?
07/18/2005
Is this a HMDA reportable loan? Customer borrowers $69,000.00 for 120 months to use as a down payment on his vacation home and put a first lien on his primary residence.