We are trying to pull the Homeownership Counseling List for a military borrower with an overseas APO address and are receiving an error message indicating the zip code doesn't exist.  We've verified the zip code is correct.  Anyone else run into this situation and been able to resolve for these kinds of addresses?

Has anyone ever performed a "Participation Loan" review or had one done?  If so, would you be willing to share.

Thank you.

We are still running Horizon Classic at this time. Do any of you use the Service Member flag in the customer RM record under Additional Info 1? If so will you tell me what it does? 

Also where would you flag a loan that is covered under MLA in Horizon loans? 

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Hello we are trying to advertise a mortgage loan special with say 500 dollars off of closing. Would that 500 dollars off fall under reg Z provision requiring additional disclosures and payment examples? Or should we just focus on including any limitations (if any) on how to receive the 500 dollars off? Thanks

I am going in circles trying to determine if this requirement applies to our product.  Any help would be greatly appreciated.
We have an unsecured open-end line of credit that does not have credit card access, it does have a floor/minimum rate and our new software (in the middle of testing new software) is giving a warning that states the following: the part of the regulation that I have been reading is 1026.9(c)(2)(v) and 1026.55(b)(2) and I just don't know for certain if it truly applies to the product.  Basically I need to know if we should be providing this advance notice or not. 
thank you in advance for any help provided. 

Our institution is revising some of our loan operating controls and procedures during COVID.  Given some state DMV offices being closed during the initial phase of COVID and some operating with reduced workforces, there has been a delay in getting liens on auto recorded and the titles being returned to us.  Have your institutions adopted any additional measures to compensate for this exposure period? 

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This is a relatively basic commercial/agricultural loan compliance review worksheet that I created.  You can revise it to your institution.

The Security Agreement on our consumer loans states the following: “You may, but you do not have to, allow me to take a portion of money from my account(s) without affecting the security interest.  If I have given you a specific pledge of shares in the amount and in the account indicated above, I may not withdraw those sums until what I owe is paid in pull.” Do your security agreements include similar language?   Specifically, I’m wondering if that second sentence doesn’t create more problems than it is intended to solve.  With the first sentence alone, we would have the ability—but not the mandate—to release whatever portion of the amount secured is in excess of the amount owed.  Eliminating the second sentence would seem to give us greater flexibility while maintaining our security interest and minimizing our liability.  If a joint signer pledged the funds and the other signer withdrew the excess without the knowledge of the other, for example, including that second sentence and indicating a specific amount on the security agreement would seem to place the financial institution in a position of liability. What are your thoughts? 

Does anyone have a  LOS Risk Assessment that they'd be willing share?

Thank you in advance!

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