Education & Events

Get connected & sponsor a League event
Wisconsin's Credit Unions Unite for Good
Wisconsin Credit Union Foundation

Webinar Calendar

Our League webinars offer training on topics for all aspects of credit union operations. You'll have the choice to participate in the live webinar only, purchase the recorded webinar or both. Included with all League webinars are the training log, quiz and answer key. 

Download a printable list of upcoming 2019 webinars >>

From time-to-time our webinar calendar will also show webinars from system partners. This is done as a courtesy to further your learning options and you should contact the system partner for details on those webinars.


Construction-Only & Construction-to-Permanent Lending

This webinar will delve into the disclosure requirement issues and real-life implications using the latest CFPB information and industry best practices.

Jun 04, 2019 02:00 PM   -­­  Jun 04, 2019 03:30 PM
CT
Location


,


For More Information


p: 

c: 

Type of Event
On Demand Webinar

Who Should Attend
  • On Demand
  • Webinars
  • Lenders

Register

Description

Financial institutions continue to struggle with residential construction loans. The CFPB has had different points of view since the inception of TRID, which has further complicated the process. There are pros and cons to construction-only versus construction-to-permanent financing and issues that financial institutions need to consider for each, including real-life implications. This, coupled with TRID disclosure issues, make construction and construction-to-permanent lending a potentially difficult proposition. In addition, sometimes secondary market lenders exacerbate the problem with their own rules. This webinar will delve into the disclosure requirement issues and real-life implications using the latest CFPB information and industry best practices.

Learning Objectives

  • The decision – construction followed by a permanent loan, construction/permanent loans with one disclosure, or construction/permanent loans with two disclosures. Are all legal? Which is best for you?
  • Finance charge issues of construction or construction-to-permanent loans
  • Issues with construction delays and completion later than the original maturity date 
  • Disclosure issues surrounding each possible construction loan method
  • Potential impact of secondary market rules

Speaker

Bill Elliott, CRCM, Young & Associates, Inc.

Investment

$259.00