Calendar of Events

Handling Loan Applications – What can go wrong?

01/18/2018, 10:00 AM to Noon

No location provided

Amy Davis adavis@msbankers.com 601-948-6366

Description:

Handling Loan Applications – What can go wrong?
 

Presented by Susan Costinis
Thursday, January 18th, 2018
10:00 am - 12:00 pm CT
 

Covered Topics:

  • Learn what specific information will help you to handle applications correctly.
  • What are the top five mistakes made in application processing?
  • What are the timing requirements regarding applications?
  • When does an application have to be in writing? Does it have to be signed?
  • What are the signature rules for applications?
  • What are the rules for appraisal copies? Reg B did NOT exempt commercial purpose loans secured by a 1st lien on a 1-4 dwelling.
  • How do you properly document the “joint intent” to apply?
  • When is an adverse action notice required? What must it contain? Who receives one?
  • When can you pull a credit bureau? What documentation should be kept?
  • When can a co-signer be requested?
  • What are some practical suggestions and best practices?
Register here