Getting it Right: New RESPA GFE & HUD-1/1A
The clock is ticking. Every single bank, credit union, mortgage lender, mortgage broker, closing attorney, title agent or settlement agent must comply with the new RESPA GFE and HUD-1/1A requirements starting on January 1, 2010! While the industry wanted HUD to delay compliance, HUD recently in a letter to the industry rejected any delays!
The GFE and HUD-1/1A forms have been completely revised and must be used on all applications received on or after January 1, 2010. Your staff must be trained so they can get it right! HUD has also issued several new FAQS to address many questions on the new forms!
Make sure you and your employees are fully knowledgeable on the new GFE & HUD-1/1A forms. Every single employee involved in the mortgage loan process must be trained on the new disclosure forms prior to January 1, 2010.
Your employees must know when to provide the forms, how to fill out each line item and section, how to answer borrower questions and how to correct any errors.
Compliance Coach provided several live webinars in November and December 2009 so your staff can get it right! Each webinar was a hands-on, how-to learning session. No theory, only practical how-to knowledge. We walked thru each form in detail and covered all line items so your staff will know how to fill out the new disclosure forms in various situations.
Couldn’t attend any of the live Webinars?
Or Sign Up for Compliance Coach’s industry leading RESPA e-learning courses for your employees! Learn More
WEBINAR LEARNING OBJECTIVES
Each two hour hands-on webinar, presented by Compliance Coach’s chairman & CEO Sai Huda, will teach you how to get it right with the GFE and HUD-1/1A forms. After attending the webinar, you will:
WEBINAR AGENDA ITEMS
Mr. Huda will cover the following in his presentation in plain language and in a straight-forward style:
Mr. Huda is one of the nation’s leading regulatory compliance experts and an expert speaker. He is a featured speaker at major industry conferences. He is known for his dynamic, practical presentations. Mr. Huda has over twenty years of experience as an expert compliance practitioner and has served as a chief compliance officer with major financial institutions. He is a Certified Regulatory Compliance Manager (CRCM), Certified Risk Professional (CRP) and Certified Internal Auditor (CIA).
This two hour webinar will also provide CRCM credits.
Only $195 fee for the webinar! Only $145 if you are a Compliance Coach customer!
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Bank of Internet
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