06/20/2005
Is it appropriate to deposit checks made payable to a decedent into his account if the checks predate the date of death?
06/20/2005
Recently, we discovered check fraud on a customer's checking account, who has since passed away. The signature on several checks does not match that on the signature card. Since the customer is deceased and the beneficiary on the account has taken ownership, should we expect any repercussions as a result?
05/23/2005
I am in the mortgage department of a bank and we are currently collecting information for the CIP form and making a copy of the borrower's driver's license or other form of ID. Can we retain a copy of their ID in our mortgage loan file? These loans are real estate secured and HMDA reported files.
05/23/2005
I was wondering if you need a specific purpose when doing a closed-end Home Equity or is being a Home Equity loan enough of a purpose?
05/16/2005
We have a future advance clause in our first mortgage for x amount of dollars. We then use this to secure personal notes. Should these personal notes have a mortgage servicing disclosure, RESPA, flood determination form?
03/07/2005
Can someone please explain the difference between accounts set up as "joint tenants with right of survivorship" as opposed to "tenants by the entireties" other than the fact that a "T by E" account is between a husband and wife?
08/16/2004
What is needed regarding a flood determination when a new loan is made, and the security on the loan is a previous, still existing, real estate mortgage on a home?
08/01/2004
The following cases obtained through the FinCEN Gateway Program demonstrate state and local governments? use of Suspicious Activity Report data.
02/01/2004
If you happened to catch one of the lead stories in USA TODAY on February 3, the headline caught your eye - "Bank Robbers Loving New York City: Police say lax security encourages the crooks - armed
11/01/2003
Real Estate Industry ? Sales and Management SARS