Skip to content
BOL Conferences

Thread Options
#1257537 - 09/26/09 12:16 AM New to Loan Operations role
Many Hats Offline
Platinum Poster
Joined: May 2008
Posts: 915
Orlando, FL
If anyone has any general advice for a newbie to loan operations (i.e., top ten things to consider from the start, etc.), I'm all ears and would appreciate the tips.

Return to Top
Operations Compliance
#1257659 - 09/28/09 01:31 PM Re: New to Loan Operations role Many Hats
David Dickinson Offline
10K Club
David Dickinson
Joined: Nov 2000
Posts: 18,765
Central City, NE
Learn as much as you can about applications. Read the definition of application (and it's commentary).
Read ยง202.7(d) (and it's commentary) about requiring signatures and joint intent.
Talk to loan officers about how applications are processed.
Talk to loan operations personnel about the same.

Return to Top
#1257682 - 09/28/09 02:01 PM Re: New to Loan Operations role David Dickinson
Kathleen O. Blanchard Offline

10K Club
Kathleen O. Blanchard
Joined: Dec 2000
Posts: 21,293
Become familiar with your bank's loan policies and procedures.
_________________________
Kathleen O. Blanchard, CRCM "Kaybee"
HMDA/CRA Training/Consulting/Mapping
The HMDA Academy
www.kaybeescomplianceinsights.com

Return to Top

Moderator:  Andy_Z, John Burnett