Examiners expect compliance with the annual training requirements of the
mortgage loan originator rules. Can you prove that training has been provided
and that it was effective? This three-part mortgage lending training series
will outline the required steps at each point of the mortgage lifecycle. Part 3
will focus on the end of the mortgage lifecycle and the requirements when a loan
application has been denied, withdrawn, or approved not accepted.
- Pain points in providing accurate closing disclosures
and post-closing disclosures
- April 28, 2018, CFPB amendments: what
happens when estimated charges change after the closing disclosure has been
- What rescission rules must be followed? When do they apply?
- What RESPA rules still apply?
- Denied loan notifications
should withdrawn and approved-not-accepted loan applications be documented?
- Review of HMDA reporting and selected portions of the 2018 rules
Note: new rules are expected due to passage of Senate Bill 2155 for
- Flood insurance calculation examples
Susan Costonis, Compliance Consulting and Training for Financial Institutions
Live and recorded webinar, handouts, quiz with answer key and training log are included