Aren’t ODFIs responsible for everything in the ACH Network?
Aren’t all rules for ACH transactions covered in the Nacha Operating Rules and Guidelines?
We mailed the borrower’s Loan Estimate and they emailed us that it was received, and they want to proceed with the loan. Can we act on this emailed notice?
Can we bank hemp growers? Is it marijuana?
What is your opinion of offering a checking account that offers add-on third party benefits as a feature of the account? Customers are only able to obtain the add-on services if they buy the account and pay the service charge disclosed for this product.
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.
Can fair lending violations be expensive?
How is the "In 5 years" disclosure completed for short-term construction loans?
Who are the consumers the Payday Loan rule is designed to protect?
For a home improvement loan, is the Purpose = Home Equity?