Most Popular Lending Content
Risk Management Anyone?
12/01/2003
Risk management is the watchword of the day. It is the theme song of each of the regulatory agencies as they describe their new examination procedures.
Time Restriction Before Refinance Can Occur
12/01/2003
Is there a time restriction between when a loan closes and when a borrower can refinance the same property?
Disclosures for Adding Credit Life Insurance
11/17/2003
If credit life and/or disability insurance is added to a residential real estate loan, are there extra disclosure requirements?
Proper HUD-1 and GFE Completion
11/17/2003
Must the fees/charges paid outside of closing by buyer or seller be disclosed on the GFE at all? If so, should they be disclosed as POC? Also, on itemization of Amout Financed, must the fees in the category "amounts paid to others" be an exact match of Final Hud-1 figures?
Disclosures Timing on Phone and Mail Apps
11/17/2003
Disclosures must be signed and dated within 3 days of application. Does this apply if someone applies by mail of by phone?