Answering a Few Questions on the New HMDA Rules
A few weeks ago I published the slides to a presentation I did on the new HMDA rules. One slide, slide 33, had questions with no answers....
Special Treatment for Commercial Customers -- Fair Lending Concern or No?
Some thoughts on what can be--but probably shouldn't be--a sticky situation. It makes you cringe ... your bank's best commercial client...
Complying with a Massachusetts advertising rule for brokered loans
A quick look at a rule that could trip some responsible lenders up. It's commonplace for a mortgage lender- including banks and credit...
Lender's Obligation for Seller's Closing Disclosure
You're checking (and re-checking) your Closing Disclosures to avoid any errors and to fix any that do occur post-closing. They're finally...
An easy test for E-Sign Compliance
With more institutions handling things electronically - disclosures, online applications, opening an account, monthly billing statement,...