Skip to content
 

Latest Lending - Closed/Closing Accounts Topics

Disclosing Broker Fee as Lender Paid Item POC

10/28/2018

We are moving to offer higher rates and eliminate origination fees to include broker fees when a broker is involved. Instead we would pay the broker upfront, and hopefully collect that fee in interest over the next several years. Do we have to disclose the broker fee as a lender paid item POC, or do we eliminate it all together?

Pages

Most Popular Lending Content

Reporting Nursing Facilities

01/05/2025

Should skilled nursing facilities be reported as owner-occupied or non-owner occupied in a Call Report?

CRA and Proper Loan Coding

12/29/2024

I recently started a new CRA role for a different bank. The new bank does not use Call Report codes to identify small business/small farm loans. They use class codes and collateral codes. I recently learned for all construction to perm loans originated for more than one year, that they are adjusting the class code to reflect what the class code will be after the construction phrase rather than reporting the loan to what is at the time of origination. Does anyone agree with this approach?

Pages

Latest Top Stories View All

Search Topics

Lending Topics

Lending Related