About This Course:
Overwhelmed by the 2014 CFPB changes and subsequent TRID requirements, many lenders grew to dread consumer real-estate loans. Some financial institutions stopped offering these loans altogether. In this webinar, Anne will guide you through a simple real estate loan and explain the current compliance rules. This webinar will help you control real estate loan issues and will be particularly helpful to banks interested in offering consumer real estate loans for the first time in years. The supplemental booklet is clear and easy to use. Consider it a companion to the popular Best-Ever Consumer Checklists webinar.
What You'll Learn:- Ability to repay and qualified mortgages
- Right of rescission
- High-cost mortgages and HPMLs
- HMDA
- Intent to apply for joint credit
- Flood insurance
- Appraisals and evaluations
- Credit score disclosures
- Insurance disclosures
- Military Lending Act
Continuing Education Credits:
Click the 'Credits' tab above for information on PHR/SPHR, PDCs, and other CE credits offered by taking this course.