Date: November 12, 2019
Time: 8am-5pm Central
Riverchase Country Club
2000 Club Road
Birmingham, AL 35244
Please note this course is not eligible for any Diehl Mortgage Training and Compliance discounts and is being offered through the MBAA. MBAA members receive a discount as distributed by MBAA. Your membership will be verified, and non-members are not eligible for discounts, and must pay the full course fee of $169. You must check out with your promocode. Diehl will not process partial refunds. If your promocode is not working, contact Diehl in advance.
As licensed mortgage professionals, it is not only a responsibility, but a requirement to stay updated on federal regulations. Mortgage companies are also upheld to a high level of compliance and must be audit-ready at all times.
Diehl designed a CE course to cover federal regulation updates and the most common areas of compliance including TRID, GLB, BSA/AML, Ability to Repay, Predatory Lending, LO Comp, Fair Lending, and Red Flags. Significant updates were also made to FHA and VA loan programs and this course provides a summary of those and how they impact borrowers.
The 1 hour CE elective was inspired by a completely redesigned URLA that’s optional July 1 and required by February 2020. The new form created more changes for all parties. Fannie Mae Form 1003 / Freddie Mac Form 65 was published with a corresponding dataset – the Uniform Loan Application Dataset (ULAD). This update supports changes in mortgage industry credit, underwriting, and eligibility policies, and regulatory requirements.