Consumer Real Estate Loans

Course Number: Webinar

Course Code: n/a

Step-by-Step Guidance

Overwhelmed by the 2014 CFPB changes and the subsequent TRID requirements, many lenders grew to dread consumer real estate loans. Some lenders stopped offering these loans altogether. In this webinar, Anne will guide terrified lenders and processors through a simple real estate loan and explain the current compliance rules. This webinar will help you tame those scary real estate loan problems and will be particularly helpful to bankers wanting to offer consumer real estate loans for the first time in several years. The booklet is clear and easy to use…consider it a companion to the popular Best-Ever Consumer Checklists.

Covered Topics
-Truth in Lending
Ability to repay and qualified mortgages
Right of rescission
High-cost mortgages
HPMLs
ARMs
-TRID requirements
RESPA
HMDA (including the 2018 applicability rules)
-Reg B
Copies of appraisals
Intent to apply for joint credit
Monitoring requirements
-Flood insurance
-Appraisals and evaluations
-FACTA credit score disclosures
-Insurance disclosures
-Military Lending Act

Audience: Lenders, loan processors, compliance officers and loan review personnel

Prerequisites: n/a

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Member Price: $295.00
Non-Member Price: $295.00
Textbook Charge: $0.00

Credits: 2.5 CE

Length: 2 hours

ABA Training