The Real Estate Settlement Procedures Act (Regulation X) has contained rules for administering escrow accounts for many years. The Truth in Lending Act (Regulation Z) requires escrow accounts in connection with higher-priced mortgage loans. Interagency flood regulations were amended to add revised escrow rules. This program explains step-by-step how to establish, maintain and cancel escrow accounts under the amended requirements, along with suggestions for avoiding violations and penalties.
Highlights Attend this webinar to gain a better understanding of:
CE Awarded 2 hours CRCM & CLBB (self-reporting)
Audience Compliance officers, operations personnel, mortgage loan officers, loan originators and others involved in opening and maintaining escrow accounts for mortgage loans.
Speakers Jack Holzknecht, CRCM, is the CEO of Compliance Resource, LLC. He has been delivering the word on lending compliance for 40 years. He has developed and presented training programs to bankers in 43 states. He also developed and delivered training for the FDIC for ten years.
Kelly M. Owsley, CRCM, is Director of Training Services for Compliance Resource, LLC, Kelly’s career in banking began in 2000. Since then she has worked for financial institutions ranging in asset size from $250 million to $3 billion.
MBA Member Price: $275
On-Demand Price: $295
What is a Webinar? A webinar is an online seminar featuring audio, PowerPoint and other interactive features. The program may be viewed on most devices. No special hardware is needed; however, speakers or headphones are required. The program consists of 105 minutes of instruction and 15 minutes live Q&A. Each Live Webinar registration provides one connection to the webinar, materials and access to the On-Demand Webinar for 30 days. You may have unlimited listeners on your connection.
An On-Demand Webinar is a webinar that has been recorded and can be viewed at your convenience (24/7). Anyone at your branch may access the program online using the login. With an On-Demand Webinar, you have 6 months unlimited access to the program from the date of purchase (access to the live webinar is not included).