Most Popular Lending Content
Commercial lending and early capture
03/23/2025
Why is early capture beneficial for commercial lending?
Reconsiderations of real estate value
03/23/2025
Has the Reconsideration of Value (ROV) disclosure guidance been signed into law?
Record retention for open, paid, and charged-off loans
03/16/2025
How long do you have to retain loan records? Until the loan is paid off? What if the original loan just continues to add on more loans? The original loan is closed but it continues to have more loans attached to it? Also, how long do you have to retain records of charged-off loans? Are these permanent records, seven-year retention periods?
Administrative fee on consumer loans
03/16/2025
We do consumer loans consisting of auto, unsecured, and CD secured loans and we charge an administration fee of $25.00. This fee is listed in our [vendor name redacted] system as an Administrative Fee that affects the APR. I was wondering if this is okay, because it is a consumer loan.
Early capture in banking
03/16/2025
What is early capture in banking?