abundance of caution mortgage

Abundance of Caution - Bankers Online
Registered: 11/05/03. Posts: 2468. If a lender takes a mortgage on a dwelling as an abundance of caution, does the lender have to be a MLO?
http://www.bankersonline.com/forum/ubbthreads.php?ubb=showflat&Number=1682204

Conflict Over Meaning of Abundance of Caution - Lucy Griffin, Jim ...
Apr 24, 2006 . When is proof of flood insurance required on a residential construction loan? Would proof be required at closing, or when the structure is under .
http://www.bankersonline.com/lending/guru2006/gurus_ldng042406d.html

Does Flood Apply Under Abundance of Caution? - John Burnett and ...
Apr 4, 2005. a loan and taking property (with building) as an abundance of caution. . of how or why the bank is taking a mortgage interest in the property.
http://www.bankersonline.com/lending/guru2005/gurus_ldng040405b.html

FDIC Law, Regulations, Related Acts - Rules and Regulations
Dec 3, 2009 . Consumer News & Information · Loans & Mortgages · Banking . A lien on real estate has been taken as collateral in an abundance of caution; .
http://www.fdic.gov/regulations/laws/rules/2000-4300.html

Industry Justifies Higher Rates

FDIC Law, Regulations, Related Acts - Rules and Regulations
Jul 1, 2011 . Appendix A to Subpart B of Part 365—Examples of Mortgage Loan . is taken as additional collateral through an abundance of caution by the .
http://www.fdic.gov/regulations/laws/rules/2000-8700.html

Memorandum
If the primary collateral is a real estate mortgage on commercial or residential property, . In order for real estate to be considered an abundance of caution the .
http://audit.state.wy.us/banking/banking/guidance_on_credit_underwriting_and_administration.pdf

Division of Consumer and Mortgage Lending - Regulatory Mailings
Oct 30, 1997 . The mortgage is not the primary collateral for the commercial loan, but instead is additional collateral, taken as an abundance of caution.
http://www.osbckansas.org/DOCML/DOCMLRegMail/mrm97-2.html

OCC 1994-37 (Attachment - Final Regulation)
abundance of caution. Real estate . or interests in real property, including mortgage-backed securities and . loans in a mortgage-backed security had proper .
http://www.occ.treas.gov/news-issuances/bulletins/1994/bulletin-1994-37a.pdf

Some Lawmakers Outraged

§ 614.4240 Collateral definitions.
(a) Abundance of caution, when used to describe decisions to require collateral, . as security for a loan or investment, including mortgage-backed securities.
http://www.fca.gov/handbook.nsf/327ac6bc1652f1c18525646b006af78b/c81fea66c2a5e71e8525646b006b3230?opendocument

Appraisals and valuations I have known: an update | RMA Journal ...
The Guidelines specifically state that "abundance of caution" exists when an . with appraised and Prevention of Mortgage values but is also an excellent Loan .
http://findarticles.com/p/articles/mi_m0ITW/is_6_87/ai_n15950157/

A guide to real estate appraisals | RMA Journal, The | Find Articles
A lien on real estate has been taken as collateral in an abundance of caution. . including mortgage-backed securities--and is supported by appraisals that met .
http://findarticles.com/p/articles/mi_m0ITW/is_9_85/ai_n14897306/

by the creditor. _
GLOSSARY. Abatement - The_reduction of or exemption from the payment of local taxes, typically property taxes. Abundance of Caution Mortgage - A mortgage .
http://www.sceic.org/wp-content/uploads/2011/03/Glossary-of-Financial-Terms.pdf

Do I Need to File a Homestead if I Refinance? | eHow.com
In Florida, the placement of a new lien such as a refinanced mortgage on a . out of an abundance of caution, some lenders require you to refile your homestead .
http://www.ehow.com/info_12091190_need-file-homestead-refinance.html