Reg B Inquiries

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Question:

Does Reg B 202.10 (b) and (c) relate to inquiries from existing borrowers about what a lender has reported to CRAs, or is it limited to furnishing joint information in response to application for credit?

Answer:

Those sections layout the requirements for reporting to the CRAs and any inquiry as to how you are reporting to the CRA in relation to joint accounts.

First published on BankersOnline.com 5/07/07