Most Popular Lending Content
Cross collateralization in lending
08/25/2024
What is cross collateralization in lending?
Data fields for cross collateral tracking
08/25/2024
Which data fields are important for tracking cross collaterals?
Recording Fees on the TRID Closing Disclosure
08/25/2024
I have discovered that the Other Costs section of our Closing Disclosure does not list the mortgage release fee of $27 in the details, but it is included in the total amount of Taxes and Other Government Fees. I was told that it can be seen in nCompass, but doesn't pull over to the Closing Disclosure. Is the description of each fee required to be listed under the Other Costs section of the Closing Disclosure?
Managing construction loan disbursements
08/18/2024
Can a dividend-bearing restricted account be used instead of an escrow account for a construction loan?
Streamlining audit preparation with electronic loan documents
08/18/2024
Why might a virtual audit preparation require less administrative effort?