Archive for March, 2009
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Mar 26, 2009
No CommentsYour CRA Exam is a Story: Write a Masterpiece
By Edward Kramer During PCi’s Your CRA Exam is a Story: Write a Masterpiece Webcast earlier this week focusing on Performance Context, two very timely questions were posed by participants. I wanted to share them, and my responses: Q. Given the state of the economy and the troubled banking system, how will regulators view the...
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Mar 11, 2009
No CommentsHigher Priced Mortgage Loan Operational Consideration
By Amy Downey Last week I was discussing the process flow to test all applications early and frequently throughout the loan life cycle to ensure that they are properly identified as higher priced mortgage loans under Regulation Z. The timely designation will be critical to properly approve loans using the new requirements. A collegue pointed...