Tue, Jun 30, 2015
Mortgage Lending Compliance training on Wednesday, July 22, will take attendees through all the regulatory requirements for mortgage lending, including first and subordinate liens, Home Equity Lines of Credit, higher priced mortgages, and Section 32 (high rate/fee) loans. Starting with the application process, the agenda will include disclosure issues, qualified mortgage requirements and the Ability to Repay regulations, loan limits, flood insurance and more RESPA and Truth in Lending requirements.
Presented by Mary-Lou Heighes, who provides compliance training and consulting services to credit unions, Mortgage Lending Compliance training costs $290 for credit unions with >$50M in assets, $145 for credit unions with <$50M in assets and $72.50 for credit unions with <$10M in assets.
The Credit Union Foundation of MD & DC offers educational reimbursement to credit unions with up to $150M in assets.