When considering new technology for credit origination, how can banks decide whether to build in-house or buy an existing technology?
What can traditional banks learn from alternative lenders?
How do banks start serving small and medium-sized enterprises again?
Are automated ticklers worth the money?
Has the escrow calculator been updated and is this available?
Where can I read the real estate tax escrow regulations and how it directs us to calculate a customer's taxes. For instance, do I take the most recent installment of taxes times two? Do I take the previous calendar year's taxes or do I take the two most recent installments added together? I'm in a county where the installments are not equal amounts. More specifically, I need to know what the regulations state.
What disclosures would I need on an interim construction loan (consumer)? I'm looking on doing the interim construction loan only.
I’m looking for the formula used to get the fifteen year historical example on a home equity credit line disclosure. Where would I find this?
I'm searching for the spreadsheet that lists every regulation that a real estate secured loan is subject to depending on the type of loan. I have the spreadsheet, but it's been copied so many times that it's not readable.
In the new 2007 HOEPA worksheet, should the loan amount in the "Does HOEPA Apply?" calculation be $6837.50 ($547/.08) rather than $6600 ($528/.08)?