03/27/2006
Can a consumer purchase credit life and disability insurance on a single pay note?
10/17/2005
Are there restrictions to how much incentive a loan officer may be paid for the sale of credit life and A and H insurance products?
10/01/2005
If you think you aren't making any high cost mortgages, you probably haven't done your homework. At some point, almost every lender either makes high cost loans or comes very close.
09/20/2004
Do we have to have the customer sign the credit life portion of the loan document regardless if they choose to purchase credit life or not?
02/23/2004
Is it a requirement to any regulation that the customer sign on their loan documents that they decline credit life insurance? We give the required notice at application that any insurance sold isn't covered by FDIC, but I'm just wondering about if a customer doesn't want the insurance.
12/15/2003
Our company does not offer credit life and disability insurance. Our note and disclosure print out with the insurance boxes showing the customer does not want the insurances. because we do not offer insurance. Do we still need to have the customer sign something showing a denial of the insurance? I say no we do not but another lender disagrees. Help!
11/17/2003
If credit life and/or disability insurance is added to a residential real estate loan, are there extra disclosure requirements?
07/01/2003
06/01/2003
Predatory lending has been front and center for several years - and it is staying there.
07/01/2002
Is there a simplified summary of the current, pending HOEPA changes/regulations, pertinent to a mortgage nondepository lender?