Most Popular Lending Content
Adequate Reserves and Other Hot Buttons
05/01/2003
by Jeffrey K. Bagby, Regional Examiner, Oklahoma State Banking Department
Delinquencies On The Rise
04/30/2003
A survey conducted in conjunction with the Consumer Bankers Association revealed higher delinquency rates in some areas of lending in the last year compared to the previous year.
Getting the HUD-1 Right
04/28/2003
by Mary Beth Guard, BOL Guru
Right Of Rescission & Home Improvement Loans
04/21/2003
We will soon be launching a home improvement product for which we will be taking security interest in items that will likely become fixtures, i.e., windows, furnaces, etc. We will not be taking any traditional mortgage in connection with this product. Is the right of rescission triggered by taking such interests? Also, is there any concern with the application of federal flood regulations?
What is the difference between a pre-qualification and a conditional approval?
04/21/2003
In terms of lending, what is the difference between a pre-qualification and a conditional approval?