Most Popular Lending Content
Automated exception reporting
03/10/2024
What are the advantages of automated exception reporting?
Security Agreements and Loan Renewals
03/03/2024
When a renew a loan with collateral should a new Security Agreement be completed as well?
Multiple steps to resolve exceptions
03/03/2024
Why does resolving an exception usually involve multiple steps?
Mobile Homes – Learn what is exempt and what is not exempt from Flood requirements
03/03/2024
We made a loan to a borrower for the purchase of 2 mobile homes located in a mobile home park in Florida. The homes are “strapped down” to meet state/local requirements and have electricity and plumbing. However, we feel the home can be disconnected and moved and would not require us to perform a flood determination. Are we correct?
Smart use of MSAs
03/03/2024
I thought that the CFPB came out and said that banks could no longer engage in MSAs because of a large enforcement action?