Applicant wants to take equity out of their primary residence at 123 Main Street in order to purchase a secondary residence at 456 Washington Street, using the Main Street as Collateral. Which property should we report on the HMDA LAR?
I am looking for a couple of publications regarding security to keep abreast of the changes etc. I am thinking of a magazine etc.
We had a deposit made into an account that is an estate account. Who do we put in Section A of the CTR? We put the person who brought in the deposit in Section B.
We submitted a breach of warranty claim regarding a forged endorsement on a check for $169,338.01. We submitted an indemnified copy of the check along with the signed and notarized affidavit of forgery. We are located in New Jersey. How long does the depository bank have to respond? They say that they have 90 days.
I often see references to "enforcement actions" taken against institutions by examining agencies. What are these actions and why are they levied?