Real Estate Lending Compliance 2017 - Topeka, Kansas | Professional Bank Services | 5 December 2017 | Capitol Plaza Hotel, Capitol Plaza Hotel 1717 South West Topeka Boulevard Topeka, Kansas 66612

ProBank Austin is pleased to offer the most comprehensive Real Estate Lending Compliance seminar we’ve ever presented. The nature and size of the regulatory environment has grown to the point that the topics cannot be adequately covered in lesser time. This program is designed to offer the attendee instruction on all the topics that affect consumer mortgages.

This seminar is structured to address “Fair Lending” related topics followed by focusing on disclosures and contract provisions of the major consumer protection topics such as Regulation Z, RESPA and others.

This program is a must for those entering the “regulatory compliance world” or those responsible for “pre” closing file preparation or “post” closing file review. Attendees receive one of the most highly regarded manuals in the industry (over 400 pages of content). The manual will likely be referred to on countless occasions.

WHAT IS COVERED - EMPHASIS ON FAIR LENDING ISSUES

Equal Credit Opportunity Act – Regulation B
• Identification of the Prohibited Bases
• Required Collection of Monitoring Information
• Permissible Questions
• Spousal Signatures
• Dodd-Frank Appraisal Requirements

Fair Housing Act
• Coverage and Prohibited Practices
• Specific Regulatory Agency Requirements

Fair Credit Reporting Act/FACT Act
• Permissible Purposes and Use of Reports
• Risk-Based Pricing Notices
• FCRA Adverse Action Notices
• Obligations as Furnisher of Information

Unfair, Deceptive or Abusive Acts or Practices
• Standards of Determining What’s Unfair, Deceptive or Abusive
• Managing Risks Related to UDAAP – Deposits & Loans

EMPHASIS ON DISCLOSURES
The New Integrated Mortgage Disclosures under the Truth-in-Lending Act and the Real Estate Settlement Procedures Act
• Overview
• Revised Definitions
• Revised Coverage and Exemptions
• The Loan Estimate
• The Closing Disclosure
• Timing and Delivery and Waiting Period Requirements
• Rules for Issuing Revised and Corrected Disclosures
• New Recordkeeping Requirements

Truth-in-Lending Act – Regulation Z (Closed-End Credit)
• Coverage and Exemptions
• Required Disclosures – Waiting Periods and Fee Restrictions
• Adjustable Rate Mortgage Disclosures
• Limitations on Mortgage Loan Originator Compensation
• Identifying HOEPA (Sec. 32) and HPMLs (Sec. 35), Including New Escrow and Additional Appraisal Requirements
• Rescission Pitfalls
• Ability-to-Repay and Qualified Mortgages
• Servicing Requirements Including Closed-End Periodic Statements

Real Estate Settlement Procedures Act
• Current Coverage and Exemptions
• Good Faith Estimates and HUD-1 Settlement Statement
• New Rules and Disclosures Regarding Force Placement of Insurance
• New Mortgage Servicing Policies
• Early Intervention, Continuity of Contact, and Loss Mitigation Procedures
• Proper Administration of Escrow Accounts
• Tolerance Issues and Prohibition of Referral Fees

Flood Disaster Protection Act
• When Flood Determinations are Required
• Use of Previous Determinations
• Accuracy, Content, and Timing of Required Notices
• Impact of the Biggert-Waters Flood Insurance Reform Act
• Penalties for Non-Compliance