Webinar: Real Estate Loan Documentation Basics
July 9, 2024 3:00 pm - 4:30 pm
Do you make residential real estate loans?
Do you have the documentation requirements mastered, or would a checklist be helpful? Which regulations govern the process? What about flood insurance, appraisal, loan estimate, and closing disclosure documentation? This impactful program will address all these issues and more. Join us to get real estate loan documentation down pat!
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Identify potential fair lending issues in loan documentation
- Understand E-SIGN requirements for electronic disclosures
- Gather required GMI and HMDA data
- Determine if appropriate flood insurance is in place
- Review appraisal requirements
- Avoid TRID errors on loan estimates and closing disclosures
- Document compliance with BSA requirements
- Use provided checklists to verify loan file documentation
WEBINAR DETAILS
Over the last several years, the thickness of an average loan file has grown from being measured in millimeters to inches. This is especially true for residential real estate loans. Compliance staff are often responsible for reviewing these loan files either during the underwriting and approval process or in the days after closing. But with so many regulations governing loan compliance, exactly what should be included? What documents are required and what important things need to be verified on each? This jam-packed session will explain how to avoid mistakes when preparing consumer real estate loan files.
WHO SHOULD ATTEND?
This session is designed for consumer mortgage loan officers, loan operations personnel, compliance officers, and internal auditors.
TAKE-AWAY TOOLKIT
- Consumer real estate loan documentation checklist
- Flood insurance determination worksheet
- Sample changed circumstance form
- Red flag data checklist
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
Speaker: Dawn Kincaid, Brode Consulting Services Inc.
Dawn Kincaid began her banking career while attending The Ohio State University. She has over 20 years’ experience in client service, operations, information technology, administrative and board relations, marketing, and compliance. Most recently Dawn served as the Senior Vice President of Operations for a central-Ohio-based community bank, where she created and refined policies and procedures, conducted self-audits and risk assessments, and organized the implementation of new products and services.
Dawn has served in the roles of Compliance, BSA/AML, CRA, Privacy, and Security Officer. She has led training initiatives, prepared due diligence information, completed a variety of regulatory applications, coordinated internal and external audits and exams, and presented for numerous state associations.