Planning & Compliance Considerations for the New Fannie Mae & Freddie Mac Uniform Residential Loan Application
Webinar OR Recorded Webinar + Free Digital Download
Friday, October 13, 2017
This is a morning webinar.
8:00 am – 9:30 am Pacific
9:00 am – 10:30 am Mountain
10:00 am – 11:30 am Central
11:00 am – 12:30 pm Eastern
The new Uniform Residential Loan Application (URLA) brings significant changes to a document that has remained largely unchanged for nearly 20 years. It is a form the financial industry knows well and relies on every day. While these changes are expected to make the form more efficient and consumer friendly than the current version, there will likely be issues that should be considered throughout the implementation process. Don’t be caught off guard by the significant changes to this document.
Although the industry is waiting for Fannie Mae and Freddie Mac to provide a new effective date, now is the time to start planning for implementation. Join us for this line-by-line review of the new form and obtain implementation tips to ensure your staff is ready.
- Additional fields on the revised URLA
Analysis of loan purpose and how it relates to HMDA and TRID
Implications for Regulation B
Capturing information on multiple applicants
How to handle collection of new disaggregated government-monitoring information
- TAKE-AWAY TOOLKIT
- Cheat sheet to determine purpose for URLA, HMDA, and TRID
- Implementation action plan
- URLA demographic addendum
- Employee training log
- Quiz you can administer to measure staff learning and a separate answer key
Attendance verification for CE credits provided upon request.
WHO SHOULD ATTEND?
This informative session is designed for loan officers, lending staff, compliance personnel, and anyone who completes or relies on information documented on the URLA.
Please note: The live webinar option allows you to have one telephone connection for the audio portion and one Internet connection (from a single computer terminal) to view online visuals as the presentation is delivered. You may have as many people as you like listen from your office speaker phone
ABOUT THE PRESENTER – Michael Brode, Brode Consulting Services, Inc.
Michael Brode is a consultant with Brode Consulting Services, Inc., a premier provider of regulatory compliance consulting services for financial institutions. In addition to compliance consulting, Michael serves as the company’s CFO and is responsible for managing the firm’s IT. He received his Bachelor’s in Finance and Accounting from Mount Union College. His consulting experience includes depository compliance, lending compliance, HMDA, BSA audits, and fair lending.
THREE REGISTRATION OPTIONS
Note: All materials are subject to copyright. Transmission, retransmission, or republishing this webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.
1. LIVE WEBINAR
The live webinar option allows you to have one internet connection from a single computer terminal. You may have as many people as you like listen and watch from your office computer. Registrants receive a website address and passcode that allows entrance to the seminar. The session will be approximately 90 minutes, including question and answer sessions. Seminar materials, including instructions, passcode, and handouts will be emailed prior to the broadcast. You will need the most-current version of Adobe Reader available free at www.adobe.com.
2. RECORDED WEBINAR + FREE DIGITAL DOWNLOAD
Can’t attend the live webinar? This option provides a recording of the live event, including audio, visuals, and handouts. We even provide the presenter’s email address for follow-up questions. You will receive an email with the recorded webinar link, which can be viewed anytime 24/7, beginning 6 business days after the webinar. You will also receive instruction on how to download a free digital copy of the webinar to your PC, which you may keep and use indefinitely.
The recorded webinar may ONLY be ordered for 6 months following the live webinar. In addition, the download must be completed within 6 months of the live webinar date.
3. BOTH LIVE WEBINAR & RECORDED WEBINAR + FREE DIGITAL DOWNLOAD
Options 1 and 2 described above.
AFFORDABLE, PROFESSIONAL TRAINING, WHEN AND WHERE YOU CHOOSE