BOI's
Must be within 14-45 days after closing and cannot be the 29th, 30th, or 31st of the month.
What is 1st Payment Date?
This person likes to eat at Jerusalem.
Who is Tim?
A failure to satisfy any part of the regulatory framework of the state and federal statutes.
What is a VOL (Violation of Law)
This person enjoys summer because they love the sun.
Who is Shelly?
P1 is the call type for this kind of loan.
What is unsecured?
Required to obtain information for 3rd party payoffs.
What is the borrower's authorization?
This person likes to take out from Busaba.
Who is Sarah?
This worksheet is filled out by the processor once the branch uploads the flood insurance dec sheet to LRM.
What is the Flood Calculation Worksheet?
This person's favorite season is fall or spring because it is not too hot or too cold.
Who is Jay?
This tickler will need to be set for non-conforming FDICIA.
What is the 3Q tickler?
This document contains any changes to information contained within a purchase contract.
What is the amend/extend to purchase contract?
This person is friends with the owner of Golden Saigon so they eat their almost every other weekend.
Who is Daniel?
If this type of loan were to come back in a flood zone, it would need to become a mortgage due to escrow purposes.
What is a 1st DOT HEILA?
This person loves summer because they don't like cold weather.
Who is Paloma?
A fixture filing on solar panels that have been installed on a home.
What is a UCC Filing?
A recorded document to show the change of ownership for a piece of real estate.
What is a Quit Claim Deed?
This person likes to get El Jardin.
Who is Nicole?
A closed-end consumer-purpose transaction secured by the consumer's principal dwelling where the APR exceed the average prime offer rate (APOR) for a comparable transaction.
What is HPML?
This person likes the fall because they like watching the leaves change.
Who is Nate?
These are the creators of the trust.
Who are the grantors/settlors?
Officer needs to review the policy deductible for policies not underwritten directly by the NFIP Provider or WYO Provider.
What is Flood Zone - Review Flood Policy Deductible?
This person enjoys Maggiano's if they are feeling fancy but more casually, Atomic Cowboy.
Who is Jay?
If MLA status is not available on the Credit Report, what website does the branch need to pull the MLA report from?
What is Department of Defense?
This person loves summer for the suntans.
Who is Nicole?
A shared ownership in a property in which each owner holds an undivided interest in the property and there are no rights of survivorship.
What is Tenancy in Common?