Regulations
The expanded version is TILA, RESPA, Integrated Disclosures.
What is TRID?
These are the goal number of days for one of our loans to close within.
What is 14 and 21?
The highest number of payoffs on one loan.
What is 26?
The biggest and bestest holiday celebrated here at FirstBank.
What is Halloween?
He is our newest and cutiest team member. (Hint he has four legs.)
Who is Groot?
The regulation rescission comes from.
The minimum loan amount when secured by a deed of trust.
What is a $3,000.00?
The fastest time to type a full basic HELOC (no payoffs, Land O&E)?
What is 28 minutes?
This Firstbank sponsored movement is an annual statewide opportunity for more than 3,000 and involves more than $362 million since it started.
What is Colorado Gives Day?
This team member dreamt to grow up to become a Marine Biologist but is afraid of the ocean.
Who is Katrina?
The regulation which requires the valuation is provided to the borrowers on all 1st DOT real estate collaterals.
What is Reg B?
This will in general determine what category a loan should be classified.
What is the proceeds?
This is the highest loan amount for one loan typed in our department.
What is $4,437,500.00?
This is the year FirstBank began and the a new house cost $12,650.
What is 1963?
This team member is adopted.
Who is Jeremy or Cara?
This regulation is also known as the "know before for you owe" as it requires lenders to disclose the cost and terms associated with the loan to allow for the consumer to shop around and obtain what they feel is a good deal.
What is the Reg Z?
These may be either sharing the same collateral and/or sharing funds between themselves.
What are related loans?
This the highest number of Consumer Non-Mortgage loans typed in one day by one typer,.
What is 8 loans? (All HELOCs by Brianna McCullough)
In June of 2021, FirstBank hit this special milestone.
What is opening 1,000,000 accounts?
This team member feels Blue freezie pops are the best (they are wrong, purple all day!), is good at organizing fun, and has eaten banana every morning for the last 5-6 years.
Who is Tim?
The latest regulation which brought about NFIP, Community participation, Timely Notification, Required Flood Insurance and Lender's Responsibility.
What is the Flood Disaster Protection Act of 1973?
In the past three years, this month (on average) had the highest received loan requests.
What is March? (482)
This is the the highest number of collaterals on one loan typed in this department.
What is 6 collaterals?
The theme for the 3rd floor conference rooms at HQ.
What is favorite Colorado actives?
In 2nd grade, this team member beat out everyone in their K-6 school to have their poem in a book published by the City of Broomfield.
Who is Jay?