05/26/2008
Does RESPA apply to a consumer installment loan against some land with a mobile home on it? The mobile home is not on the note, mortgage or any security interest.
04/28/2008
Do we need a right of rescission disclosure when we are just changing the rate on the note? We do have first on the property. The purpose of the loan was to reimburse the borrower for home construction costs paid out of pocket.
04/21/2008
We are doing a loan on some land that has a mobile home on it that the customer lives in, but we are not taking a lien on the mobile home. Do I have to give the RESPA disclosures?
03/24/2008
Is a final TIL required on a fixed rate home equity loan?
12/10/2007
When a loan is secured by a certificate of deposit held by the same organization should all names listed on the certificate sign the assignment if the C or D states "or" instead of "and"?
11/12/2007
If we modify a loan to disburse additional funds and the new principal amount does not exceed the original note amount, is a 3-day right of recession required?
10/08/2007
I have a borrower who currently owns a principal residence. They intend to tear the home down completely and rebuild a new, larger residence in its place which will take about 1 year to complete. During the construction period they will obtain temporary quarters to reside in until the new home is ready for occupancy, at which time the newly constructed home will become the primary residence. May funds be disbursed on the day of closing the construction loan or does the borrower have rescission rights?
10/08/2007
When is it required to charge GRMA? Is it on all residential (1-4) property or just when recording DSD on a principal dwelling?
10/01/2007
When making a loan to a trust using a personal residence that trustees live in, if they are using this property for personal reasons would the trustee be able to sign for rescission or can a trust even have a personal residence?
09/10/2007
Reg Z does not specifically address "filing fees." Is it necessary for the filing fees entered in the Fed box to match the filing fees found on either the itemization or the HUD? Is there a difference in the answer between open-end and closed-end transactions?