HOW TO AVOID COMMON LENDING VIOLATIONS

HMDA QUESTIONS AND QUICK REFERENCES25. USING THE GETTING IT RIGHT GUIDE26. ... If a lender reports an application or loan for a reverse mortgage, does the lender have to report a rate spread? Answer: Yes, unless the reverse mortgage is a HELOC, for which lenders are not required to report rate spread. ... SAVE a copy of the PDF on the computers ... ................
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