Webinar — Escrow Rule Changes for High-Priced Mortgages
2 p.m.-3:30 p.m.
Online registration is closed.
The CFPB has issued a final rule that amends Regulation Z (Truth in Lending) under the Dodd-Frank Act. Effective June 1, there will be new requirements for mandatory escrow accounts established for first-lien, higher-priced mortgage loans secured by a principal dwelling. These amendments extend the length of mandatory escrow, but also exempt certain transactions. More amendments become effective Jan. 10, 2014, that involve expansion of the types of mortgage loans that are subject to the protections of the Home Ownership and Equity Protection Act (HOEPA). This will include additional restrictions on mortgages. This webinar will cover the escrow and HOEPA rules that apply to all real estate loans.
Presenter: Ann Brode, Brode Consulting Services, Inc.
Who should attend: Compliance Officers, Lenders, Operations and CEOs.
Time: 2 p.m.-3:30 p.m.
Cost: $209 for live webinar only; $229 for live webinar, plus a web link and free CD-ROM
Registration deadline: Wednesday, April 3
Pairing conferencing capabilities with web technology, this session brings informative, interactive training directly to you. During the webinar, you'll view a real-time PowerPoint presentation on your computer while listening to the audio connection via telephone.
While credit unions are encouraged to use the webinar to train multiple individuals at once, the credit union will be charged for each computer connection that uses its login code. Participants will receive login instructions and handout materials via email prior to the webinar. In addition, registrants may also receive an archive CD-ROM after the live session.
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