About This Course:
There are numerous compliance requirements when originating a consumer-purpose mortgage loan. Most people think about the TRID requirements (TILA-RESPA Integrated Disclosures), but there are many more. From flood insurance to appraisal requirements to fair lending, there is much to think about. As well, the loan may be HMDA-reportable. And with the many recent changes in both the TRID, HMDA, and appraisal rules, things can get tricky. We'll pay particular attention to the changes so you don't miss a beat.
How can you keep all the requirements straight in your head so you can be sure to not miss anything? In Part 2 of this 2-part webinar, we'll discuss all the relevant requirements and considerations in the origination process.
What You'll Learn:- Flood insurance requirements
- Appraisal rules - when you have to get an appraisal and when you don't
- Fair lending considerations and Reg. B rules
- HMDA reportability
- FCRA considerations
- And others
Who Should Attend:Anyone at the institution involved in the mortgage loan origination process, including loan officers, processors, loan secretaries, closing agents, compliance officers, counsel, management, and others.
