Most Popular Lending Content
Data fields for cross collateral tracking
08/25/2024
Which data fields are important for tracking cross collaterals?
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?
Documentation of approved/withdrawn applications
08/18/2024
I am auditing our withdrawn files. I was looking at a number of Approved-Withdrawn files and I was wondering if any documentation or any notation is needed?
The ARM notice is giving a customer major heartburn
08/11/2024
A customer just received her initial ARM adjustment rate notice, and is kind of flipping out. She thought she was paying a lot more toward principal, and with the rate now adjusting up, she is even more dismayed to see how much will be going to interest. Do we HAVE to break down the principal and interest amounts on her ARM notice, or may we just say the total projected amount?