Most Popular Lending Content
RESPA 1300/1310 on HUD? Charges That Can Change?
12/03/2012
Does RESPA require any charges in section line item 1300 -1310 to show on page 3 of the HUD as well? If the answer is yes, should it be under CHARGES THAT CAN CHANGE? I have noticed that some title co. do and some do not.
Reg O $100,000 Limit for Executive Officers
12/03/2012
We have a loan request from a limited partnership that is owned by an executive officer's wife and her family. Is this loan subject to the Regulation O $100,000 limit for Executive Officers?
Variable Rate Disclosure-Auto Payment Deduction
11/26/2012
Are the variable rate disclosures of Regulation Z Section Section 1026.18 and .19 applicable to fixed rate mortgages and consumer loans that provide an interest rate discount if the consumer signs up for automatic payment deduction?
Counting Days- Appraisal Delivery Waiting Period
11/26/2012
My question has to do with counting the days for the waiting period for appraisal delivery. Can you close the loan on the 3rd business day? For example, if the appraisal is delivered in person on Monday, can the loan close on Wednesday or do you need to wait until Thursday?
Matching Census Tract # for Flood Determination
11/26/2012
While inputting HMDA data, I noticed the census tract number on the flood determination did not match the census tract number found on the FFIEC Geocoding website. Do these need to match and do I need a corrected flood determination?