A small business loan was originated last year for 12 months and the maturity was extended this year for another 12 months by modifying the note with a new maturity date. Is this modification included in our small business loan data?
Who can receive supporting documentation?
Can fair lending violations be expensive?
The loan estimate must be delivered or placed in the mail not later than the third business day (general rule) after receipt of the consumer's application. As long as you can document that the email was sent not later than the third business day you will be fine.
If we have a customer have a private ATM withdrawal put them over $10,000 do we complete a CTR?