About This Course:
Servicing mortgage loans is a difficult and complex process, with many laws and regulations with which to comply. And particularly now that we're a few years out of the pandemic, regulators are looking very carefully at both how servicers are servicing loans, as well as which borrowers receive what type of treatment. In other words, fair lending and UDAP/UDAAP concerns are at the forefront.
Included WebinarsMortgage Servicing Compliance Requirements and Updates - Part 1
September 1, 2023, 11:00 am EDT
- RESPA's detailed servicing requirements, including amendments and FAQs
- Default management rules, including early intervention requirements, access to personnel, continuity of contact, and the loss mitigation application process
- Loss mitigation principles - regulators' primary concern
- Reg. Z requirements, including periodic statements, payoff statements, and escrows
Mortgage Servicing Compliance Requirements and Updates - Part 2
September 12, 2023, 2:30 pm EDT
- Flood insurance escrow requirements
- Error resolution and information request requirements
- Force-placed insurance
- Foreclosure provisions
- Debt collection, including the FDCPA and Reg. F
- Fair lending and UDAP/UDAAP issues
Each webinar in the series will cover specific topics relative to the subject matter.