step 1. Standard. Apart from partially excused transactions not as much as 1003.3(d), 1003.4(a)(33)(i) demands a loan company to suggest if the applicant otherwise debtor filed the applying to the financial institution which is revealing brand new secure loan otherwise app. The following circumstances have indicated whether a software try recorded straight to the bank that’s reporting the brand new safeguarded loan otherwise application.
we. 4(a)(34) was a worker of one’s reporting financial institution in the event the inventor performed the new origination situations into secure loan otherwise application you to definitely has been said.
ii. The program has also been filed straight to the lending company reporting brand new covered mortgage or app if the revealing standard bank led brand new applicant so you’re able to a third-cluster agent (e.g., a cards partnership solution company) you to performed loan origination factors on the behalf of the financial institution and you can didn’t help the candidate with making an application for secured fund along with other associations.
