Venue
Webinar

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Event Date Thu May 27 EDT (5 months ago)
Location Webinar
Region All
Details

Financial institutions are required to provide numerous disclosures throughout the application process – some disclosures are early, some are later. Which disclosures are required and when are they required? What do the disclosures mean?

The Mortgage Loans: The Closing Disclosures webinar will provide an overview of the Federal lending compliance disclosures that are or may be required with mortgage loans, in terms of timing (4- or 3-business days before closing and at closing), and what the disclosures are telling the consumers.

HERE IS WHAT YOU WILL LEARN:

The timing and significance of:

• 4-business days before closing – the Revised LE.
• 3-business day before closing disclosures and other information.
• Closing Disclosure / Corrected CD (in certain circumstances).
• Appraisal.
• High Cost Notice.
• Before closing – Evidence of flood insurance.
• At Closing.
• Corrected CD.
• Initial escrow statement.
• Right of rescission.
• Sale of Insurance.
• PMI.
• Red flags.

Speakers

PRESENTER:

Anetria Cohen
Vice President, ProBank Austin