Mortgage lending compliance can be confusing, as the rules have become more and more complex. Loan processors often have been forced to deal with the changes by learning the “buttons to push,” without being given an understanding of the underlying regulatory requirements.
This course is designed to enhance understanding of the regulatory requirements. This course will focus on the documents themselves. Errors in documents can cost banks thousands of dollars, and as regulatory requirements expand. the risks continue to increase.
The course will discuss the forms and their requirements. It will review potential pitfalls, the risks of errors, and the decision-making process to avoid negative outcomes.
Attendees should be prepared for a very full day, due to the volume of material that will be presented.