Skip to content
 

Latest Lending - Marketing Topics

Spin the Prize Wheel

10/17/2005

At a grand opening or moving project, we would like to use a prize wheel. The prize wheel would only have items that range in value from $1.00 to $25.00. The $25 items obviously being the single panel on the wheel. If anyone who spins the wheel is guaranteed some specialty object or prize, can we use it at an event? In other words, there would be no “Lose Turn” or “Bankrupt” as seen on TV. Prize wheel gifts will be changed on a regular basis. And, in order to be able to spin the wheel you have to bring in the direct mail piece. No account existing or new account is necessary in order to participate. Is this a problem?

HMDA: Using HMDA Data

10/01/2005

The 2004 HMDA data is finally out and the numbers show what we expected and feared: Black Americans fare less well in the mortgage market than non-Hispanic whites. Now what?

Lending & Mortgage Departments Share Credit Report

08/01/2005

Can our Lending department use a credit report from our mortgage department to offer a pre-approval Home Equity to a customer? Is there a section in the FACT Act that addresses this and can you refer me?

Marketing Club Account to Young Professionals

08/01/2005

Our bank is considering a "club account" marketed towards young professionals. I know on the lending side we have ECOA and fair lending to take into consideration, what areas of potential discrimination should we consider on the deposit side? I have read the question answered by Andy Zavoina entitled Is Free Checking for 50 and older an ECOA violation? Are there other regulatory areas to take into consideration?

Helping People Build New Homes

04/01/2005

With the help of technology and consolidation of processes, several lenders are concentrating efforts on lending to home buyers who are building their homes.

Payday Lending: Still on the Front Burner

04/01/2005

In recent years, we have coined a variety of terms for high-cost, short term loans. The names can vary from late payment fees through overdraft protection to payday lending.

Bounce Protection: The Agencies Weigh In

03/01/2005

Since its introduction several years ago, the regulatory agencies have expressed serious concerns about bounce protection programs which, unlike traditional overdraft programs, can lead consumers i

Pages

Most Popular Lending Content

Post-maturity rate reduction on a HELOC ok?

07/21/2024

We have a HELOC that has matured, and the customer is having trouble repaying. Can we do a workout agreement on it (reduce the variable rate interest to thereby reduce the payment and give them a breather)?

Pages

Latest Top Stories View All

Search Topics

Lending Topics

Lending Related