Most Popular Lending Content
Customer Identification Documents
11/01/2004
Question: What copies can or should we make of documents that were used to identify customers?
Temporary Financing Under Reg. C
11/01/2004
HMDA reporting allows an exception for "Temporary Financing". I am looking for a good definition of "Temporary Financing" as used in Reg. C. My lending officers need something in black and white; is it 90 days, one year, two years or the source of repayment?
Old Market/New Opportunities -- GeoDataVision
11/01/2004
How can I expand my loan portfolios in today's very competitive markets?
It's Beginning to Look a Lot Like HMDA
11/01/2004
It's time. The Christmas or seasonal decorations have gone up and that means that HMDA reporting is just around the corner. You need to get two important projects going.
Delivery of ARM Disclosures
11/01/2004
I recently went to my local broker organization, and they told me that it was a requirement to have an ARM disclosure, specific to the ARM loan that is applied for, at the time of application. I always put the ARM info into the TIL, and give out the CHARM booklet, but I do not have another ARM disclosure. The lenders always provide this at closing. Do I need one for my files at the time of application?