Most Popular Lending Content
Appraisal Threshold Trigger
01/06/2003
For the threshold of certified appraisals on loans up to $250,000, is the threshold applicable to each loan or is that for an aggregate amount? For example, if we would use the same collateral on two separate loans, does the $250,000 apply to the aggregate amount of the loans or each separate loan?
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?
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