Mortgage Concepts: Lender ECOA disclosures of action taken, Part 1
This video covers the disclosures advising the borrower of the action the lender has taken on the borrower’s mortgage application.
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Author: Carrie B. Reyes
Independent no more, brokers seek brokerage employment
2023 is seeing fewer independent brokers and more broker associates.
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Mortgage Concepts: How to issue the Adverse Action Notice, Part 2
Which disclosures are required by the FCRA when a loan is denied, instead of approved?
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Mortgage Concepts: How to issue the Adverse Action Notice, Part 1
When a loan is denied, instead of approved, the FCRA requires the loan originator to disclose the adverse action.
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Mortgage Concepts: Observed suspicious activity reports (SARs)
Learn when a mortgage lender is to file a suspicious activity report (SAR) with the Financial Crimes Enforcement Network (FinCEN).
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