Most Popular Lending Content
Disclosing Payment Schedules on an ARM Loan
01/06/2003
What is the correct way to complete the Truth in Lending disclosure on the payment schedule portion, when you have a one year adjustable rate mortgage? Also, do you know where I can get a copy of the 10 year index? Isn't this a requirement for all ARM loans?
Explaining Transactional Testing
01/06/2003
We have done quite well with our compliance exams for over ten years. During the last exam, the compliance examiner stated we should do more transactional testing. Can you define that term for me so that I can show we are OK?
Is appraisal by certified appraiser required?
01/04/2003
For loans over $250M, is it mandatory to have an appraisal in file that is done by a certified appraiser?
FCRA, Joint Accounts, and Adverse Action
01/01/2003
by Mary Beth Guard, BOL Guru
Predatory Lending under Regulatory Scrutiny
01/01/2003
by Mary Beth Guard, BOL Guru