Mortgage Lending Compliance Overview

The sheer number of documents created during the home mortgage lending process can be overwhelming. Yet each document plays an important part in creating an understanding and agreement between the lender and the borrower. From application through closing, there are many regulations that come into play, including upfront disclosures with HELOC and ARMs; disclosures provided within three days of receiving an application for a closed-end mortgage; credit score notices; appraisal notices and reports; flood determinations and notices… and the list goes on. This webinar will provide an overview of the regulatory requirements, timeframes, and disclosure types. It will also answer some of the commonly asked questions from loan production staff.

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