Most Popular Lending Content
Redlining is exploding
01/30/2022
A recent article claims redlining issues are exploding. What does that mean?
Second Entry for Completed Mortgage Application
01/30/2022
A lender entered data for a completed mortgage application but failed to send out any the disclosures. Instead, they asked that the file be withdrawn and a new application was entered into the system and that file has been approved to close. This second entry will result in a new mortgage loan. What do we do with the original file?
Written Permission to Access Credit Reports Required
01/30/2022
Is a person’s written consent required for us to access their credit bureau file?
New Account Onboarding
01/23/2022
What does “new account onboarding” mean in banking?
REMA
01/23/2022
Which regulation explains the concept of REMA?