|
Product Directory A - Z Policy Packages Job Description Packages Form Packages New/Updated Products Regulatory Hot Topics Discount Programs Client Services Client Tools Company Resources Faithfully Serving the Financial Institution Industry Since 1999 © Copyright 1999 - 2012. All rights reserved. Website Updated 1/21/2012 |
|
Product Update Notification - 04/06/09 Revised Commercial Loan Policy Template Commercial Loan Policy Template The update to this product is in response to client requests to expand upon and include additional underwriting detail within the Flooring Lines of Credit topic. In addition, a new topic entitled "Indirect Dealer Loans" has been added to address the formal arrangement between a financial institution and a dealer to purchase retail loans (dealer paper). Revised New Accounts Policy Template The update to this product is in response to client requests to incorporate initial customer due diligence guidelines from our Regulation GG Policy Template (Prohibition on Funding of Unlawful Internet Gambling). Revised Real Estate Loan Policy Template Real Estate Loan Policy Template The update to this product is in response to the Joint Press Release dated March 4, 2009 that encourages all federally regulated financial institutions that service or hold residential mortgage loans to participate in the "Making Home Affordable" loan modification program. The agencies strongly support the program's goal of promoting sustainable loan modifications for at risk homeowners that appropriately balance the interests of homeowners, servicers, and investors. http://www.federalreserve.gov/newsevents/press/bcreg/20090304a.htm In addition, a new topic entitled "Manufactured Home Dealer Financing Program" has been added in response to client requests to address the formal arrangement between a financial institution and a dealer to provide manufactured home financing (floor plan lending and indirect retail lending). Revised Regulation W Policy Template The update is in response to the Federal Reserve Press Release dated January 30, 2009 that announced two final rules pertaining to the Asset Backed Commercial Paper Money Market Fund Liquidity Facility (AMLF), which extends loans to banking organizations to finance their purchases of high quality asset backed commercial paper from money market mutual funds. http://www.federalreserve.gov/newsevents/press/monetary/20090130a.htm What's New and Revised Please visit the following pages of our website to review detailed subject matter regarding new and revised topics for these products: Commercial Loan Policy Template Update Details New Accounts Policy Template Update Details Real Estate Loan Policy Template Update Details Regulation W Policy Template Update Details Ordering Information These products are available to purchase from Bankpolicies.com for: Commercial Loan Policy Template $375.00 - List Price - or - $50.00* - Update Price *Applies only to clients who have purchased the Commercial Loan Policy Template within the last three years including the following updates (if applicable): Commercial Loan Policy Template Update - 03/20/07 - $100.00 Commercial Loan Policy Template Update - 04/25/06- $50.00 New Accounts Policy Template $275.00 - List Price - or - $25.00* - Update Price *Applies only to clients who have purchased the New Accounts Policy Template within the last three years. Real Estate Loan Policy Template $475.00 - List Price - or - $75.00* - Update Price *Applies only to clients who have purchased the Real Estate Loan Policy Template within the last three years in addition to the following prior updates (if applicable): Real Estate Loan Policy Template Update - 01/20/09 - $100.00 Real Estate Loan Policy Template Update - 08/26/08 - $50.00 Real Estate Loan Policy Template Update - 04/01/08 - $25.00 Real Estate Loan Policy Template Update - 07/17/07 - $100.00 Real Estate Loan Policy Template Update - 01/09/07 - $150.00 Regulation W Policy Template $175.00 - List Price - or - No Charge* - Update Price *Applies only to clients who have purchased the Regulation W Policy Template within the last three years including the following updates (if applicable): Regulation W Policy Template Update - 10/21/08 - $25.00 If you have ordered any of these products after 03/06/09 you are eligible to receive that updated product at no charge. Click here to place an order for any of these products. Clients who are eligible for our Legacy Rewards Volume Discount can apply their applicable discount level to the list or update price of each product (whichever applies). NOTE: Refer to our Place an Order page for important information regarding payment terms and our return policy. Orders placed for Product Updates are only available directly through Bankpolicies.com. Find Out What's New or Revised with our Product Update Program Our Product Update Program allows existing clients to receive e-mail notifications from us the same day we issue a new or revised product. We encourage you to subscribe today for this free and convenient service. |