Account & Loan Documentation Series: Real Estate Loan Documentation Basics
Do you make residential real estate loans? Do you have the documentation requirements mastered, or would a checklist be helpful? Which regulations govern the process? What about flood insurance, appraisal, loan estimate, and closing disclosure documentation? This impactful program will address all these issues and more. Join us to get real estate loan documentation down pat!
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Identify potential fair lending issues in loan documentation
- Understand E-SIGN requirements for electronic disclosures
- Gather required GMI and HMDA data
- Determine if appropriate flood insurance is in place
- Review appraisal requirements
- Avoid TRID errors on loan estimates and closing disclosures
- Document compliance with BSA requirements
- Use provided checklists to verify loan file documentation
WEBINAR DETAILS
Over the last several years, the thickness of an average loan file has grown from being measured in millimeters to inches. This is especially true for residential real estate loans. Compliance staff are often responsible for reviewing these loan files either during the underwriting and approval process or in the days after closing. But with so many regulations governing loan compliance, exactly what should be included? What documents are required and what important things need to be verified on each? This jam-packed session will explain how to avoid mistakes when preparing consumer real estate loan files.
WHO SHOULD ATTEND?
This session is designed for consumer mortgage loan officers, loan operations personnel, compliance officers, and internal auditors.
