[lemma=□]
[lemma=lender]
Increase the number of nondepository lenders required to submit data ; Clarify and expand the types of reportable transactions ; and Specify new loan elements to be included in the data . As Whincop points out , the government is not only shareholder , but also customer , regulator , lender , supplier , neighbor – just like us . As a member of the Senate Banking Committee , Sen. Stabenow has authored and passed laws to stop identity theft , protect consumer privacy , protect corporate whistle blowers and stop unscrupulous lenders from swindling consumers through predatory lending practices . At closing , the lender gives you papers to sign that include charges for credit insurance or other " benefits " that you did not ask for and do not want . The worst problems were thus resolved for most farmers but not all : agricultural lenders still face more than $ 2 billion in potential losses of principal and interest payments ( loan losses ) . For loans that do default , the Commission receives a reinsurance payment from the federal government for 98 percent of the cost of buying the loan from the lender . Online Processing System ) to facilitate comprehensive and standardized claims review , based on all applicable laws , regulations , and policies pertaining to lender servicing , due-diligence , litigation , and claim submissions . To protect their interests , many lenders of non-federally-backed mortgage loans also require flood insurance in high-risk areas . When you refinance a first mortgage with a lender other than your original lender , the law gives you three days after closing to change your mind and cancel the transaction .