Most Popular Lending Content
Commercial credit vs. loan imaging
12/29/2024
What is the difference between commercial credit and loan imaging?
Five C's of Lending
12/29/2024
What are the five "C's" of lending?
Booking customer information for disregarded entitities
12/22/2024
We are in a Syndicated Deal (shared national credit) where the loan parties are all disregarded entities to an ultimate parent. The lead bank offered W9s but they showed the tax ID of the parent. The original closing docs consisted of a Perfection Certificate, which showed independent EINs, however two "borrowers" did not. For disregarded entities and for loan only relationships, can the CIFs be booked with the same tax IDs?
Modifications and borrower ficticious names
12/22/2024
When preparing the modification for a renewal/extension, if the borrower's fictitious name statement expired and we have re-filed for the fictitious name, do we need to indicate the new filing date in the modification agreement?
Reasons for routing paper loan files
12/22/2024
What are some common reasons for routing paper loan files?