High Desert, Dry Desert
These four states create the "Four Corners"
What is New Mexico, Arizona, Colorado and Utah?
This document that creates the trust and establishes the operating parameters for the Trustees
What is the Trust Agreement?
If a lender receives six pieces of information known as ALIENS, it constitutes a complete application under this regulation.
What is the Tila-Respa Integrated Disclosures (TRID) act?
This is our current CEO
Who is Kevin Classen?
This person was born in New Mexico
Who is Michelle Martinez?
Arizona and this This document is used to transfer ownership of collateral from one party to another, or even to change the legal name of someone who owns the collateral
What is a Quit Claim Deed?
This is who created the Trust and designates the trustees
Who is the Grantor/Settlor?
This act requires that the appraisal be sent to the borrower's on all 1st-Deed of Trust, 1-4 residential properties.
What is Equal Credit Opportunity (Reg B) Act?
FirstBank has been committed to "banking for good" since February 28th of this year (the year FB officially became a bank)
What is 1963?
This person's last name has French origin
This "peak" is the highest point in Arizona, at 12,633 feet
What is Humprey's Peak?
This type of Trust MUST be part of a commercial loan as it is considered a non-natural entity
What is an Irrevocable Trust?
This regulation covers all loans to consumers for consumer purpose, with a very limited amount of exceptions, and is known as the "know before you owe" reg
What is the Regulation Z - Truth-In-Lending Act?
This was the year FirstBank opened its first location in Arizona
What is 2007?
This person like to take showers in the dark
Who is Kara Duwe?
Arizona and this other state are the only states that do not observe daylight-savings
What is Hawaii?
This document is used by an entity (typically Trust or LLC) who is not an individual to evidence the entity's existence and the identity of the person(s) authorized to act on behalf of the entity
What is a Statement of Authority?
In Encompass, this regulation can have two 30-day periods.
What is Reg B?
(ATR covered loans require a credit decision within the initial 30 days from application date, but can be extended an additional 30 days once CAP Confirmed is marked by the Underwriter)
This was the year that First Westland National Bank renamed itself FirstBank
What is 1978?
This person's first car was a red minivan with a white door that was nicknamed "The Boat"
Who is Kayla Johnson?
This type of collateral has no structure, but is platted and improved into residential or commercial lots with all necessary streets, utilities and other infrastructure necessary for resale or for vertical construction
What is developed land?
This is a FirstBank document, and is required to be signed at closing on all loans involving a Trust
What is a Trust Authorization?
This regulation does not apply to residential mortgages, home equity loans or lines of credit, or purchase money loans, but does apply to all other loan types that we do.
What is the Military Lending (MLA) Act?
The first President that FirstBank ever had, who sadly passed in 2013 but is fondly remembered.
Who is Roger Reisher?
This person's child was born on the side of the highway
Who is Richael Medina?