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InfoSight360 to Offer Required Loan Originator Training
On April 21st, InfoSight360’s Director of Regulatory Compliance Counsel, Michael Christians, will host a virtual loan originator training session from 9am to 3pm ET. The session will teach participants how to originate a mortgage loan compliant with federal law in just four easy steps.
Section 1026.36 of Regulation Z requires loan originators to receive periodic training covering federal and state law requirements that apply to the individual loan originator’s loan origination activities. InfoSight360’s April 21st session is designed to satisfy this mandatory training requirement by covering the entire lending process from start to finish.
Participants will learn about all the following:
- Loan Originator Basics
- SAFE Act / Regulation G
- RESPA Section 8
- E-Sign Act
- Application Requirements
- Application Disclosures
- Collection of Monitoring Information
- Underwriting Requirements
- Ability to Repay / Qualified Mortgages
- High-Cost Mortgages
- Higher Priced Mortgage Loans
- Appraisals
- Reconsiderations of Value
- Automated Valuation Models
- Flood Insurance
- Adverse Action
- Closing Requirements
- Closing Disclosure
- Notice of Right to Cancel
- Servicing Requirements
- Trust in Lending Act / Regulation Z Servicing Requirements
- Real Estate Settlement Procedures Act / Regulation X Servicing Requirements
- Fair Lending Considerations
- Equal Credit Opportunity Act
- Fair Housing Act
- Home Mortgage Disclosure Act
Priced at just $199 per attendee, this is one of the best values for your credit union's training dollars! For more information and to register, visit the Mortgage Loan Originator Training Page on the InfoSight360 corporate website.
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