Topic: Lending
-
B060 Overview of Revised Uniform Commercial Code Article 9
This release provides an overview of Revised Article 9 and applies to all state and federal credit unions in Wisconsin. It describes recent revisions to Article 9 of the Uniform […]
-
B059 Child Support Enforcement: Lien Docket
This release describes the lien docket maintained by the Wisconsin Department of Children and Families (the “Department”), a docket that provides information on individuals (“obligors”) who are obligated to pay […]
-
B058 HUD’s Delinquent Homeowner Notice Requirement
This release applies to all credit unions, state and federal, which hold residential mortgage loans. The Department of Housing and Urban Development (HUD) requires credit unions to send two notices […]
-
B057 Homeowners Protection Act
This release applies to all credit unions, state or federal, which require or place private mortgage insurance on loans secured by single-family dwellings. This release is adapted from a summary […]
-
B055 Wisconsin Consumer Act Registration
This release applies to all credit unions, state and federal. The Wisconsin Consumer Act requires consumer lenders to register with the Department of Financial Institutions (DFI). A fee, based on […]
-
B053 Real Estate Mortgage Lending
This release describes the requirements of Wis. Admin. Code Ch. DFI-CU 54 (effective November 1, 1997), with cross-references to other regulations. Although federal credit unions are not subject to the […]
-
B052 Participation Loans
This release applies to all state or federal credit unions which originate, or buy interests in, participation loans. It describes the requirements of NCUA Rules and Regulations Part 701.22, which […]
-
B050 Federal Limitation on Exercise of Due-on-Sale Clauses
This release describes federal restrictions on the enforceability of due-on-sale clauses.
-
B049 Interlocking Loans
This release describes the Wisconsin Consumer Act interlocking loan law. For the sake of simplicity, this release only refers to dealers. Auto dealers are the sellers or lessors credit unions […]
-
B048 Priority of Future Advances
This release describes steps credit unions can take to protect the priority of their mortgage liens.