Most Popular Lending Content
Flood Insurance Cheat Sheet
11/13/2002
Confidence
11/11/2002
by Jeffrey K. Bagby, Regional Examiner, Oklahoma State Banking Department
Consumer Protection Insurance Disclosures & Eligibility Requirements
11/11/2002
by Mary Beth Guard, BOL Guru
Charging Fees For Flood Certification
11/11/2002
What are the regulations on charging a fee for flood certification. And can a bank charge the customer more than the bank paid for it?
Home Loans & HMDA Reporting
11/04/2002
Consumer is constructing a residence on land already owned, using consumer's own money. Consumer needs more money to finish up (house is almost complete when consumer comes to bank). Bank loans money to consumer and takes lien on house. Is this HMDA reportable, if so, as what? Bank is making 15-year permanent loan - loaning $70,000 on house worth $280,000. Examiner first told bank it was not reportable, then said later it was as a home purchase loan and said bank should have provided early Reg. Z disclosures. HMDA Help said it was not reportable.