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Event Date | Tue Nov 28 EST (about 7 years ago) |
Location |
Hilton Garden Inn Louisville Airport
2735 Crittenden Drive, Louisville, Kentucky 40209, US |
Region | Americas |
A one-day seminar covering the requirements of TILA and RESPA’s Integrated Mortgage Disclosures and how to comply using the Loan Estimate and Closing Disclosure requirements. This seminar also covers certain issues addressed by the CFPB and how to implement solutions to those issues, such as calculating the Cash to Close Table , tolerance issues, lender credits, construction loans and many others.
In addition to requiring new disclosure forms designed to be easier for consumers to understand and use when contemplating a mortgage loan, the new rules give consumers more protections and, as a result, place more responsibility on lenders. This seminar has been designed to help as you comply with the new Integrated Mortgage Disclosures.
TOPICS
• Overview of the TRID Rules
• Revised Definitions and Exemptions
• Rules and Requirements for Providing the Loan Estimate
• Consumer’s Ability to Waive Waiting Periods Before Consummation
• Rules for Shopping for Settlement Service Providers
• Prohibitions and Limitations on Creditors’ Predisclosure Activities
• Determining Estimates of Closing Costs Good Faith Requirement
• Revised and Corrected Disclosures
• Changes Requiring New Waiting Period Before Consummation
• Resolving Clerical Errors and Refunds Related to the Good Faith Analysis
• Post Consummation Escrow Cancellation Disclosure
• New Record Retention Requirements
• Detailed Analysis of the Loan Estimate and Closing Disclosure