Course Description
The Financial Services Industry is in the midst of the most significant set
of reforms since the 1930's. With deadlines quickly approaching, mortgage
lenders are working diligently to identify how to assess current practices that
need to be modified to be in compliance. To help lenders keep abreast of these
requirements, the Dodd Frank Webinar Series will leverage industry experts to
interpret the requirements, discuss the implications and review up to date
clarifications being requested by the industry and the regulators responses.
Course Outline
- An overview of the new law’s provisions under Title XIV – Subtitle F
- Insight into the battle over “customary and reasonable fees”
- New requirements for AMCs
- Tenets of a new appraisal independence standard
- Provisions to enhance appraiser competency provisions, including
clarificationregarding consideration of professional appraisal designations
- Impacts of the provision for increased financial resources for oversight
and enforcement of appraisal rules
- Import of separating AMC and appraisal fees on the HUD-1 Statement
- Understanding the call for a GAO study on the effectiveness of appraisal
methods
Course Format
- Pre-recorded Webinar
- 2 Hours Total
Who Should View
This class is designed for mortgage underwriters & loan processors as well as
all mortgage professionals wishing to learn how to become a FHA DE Underwriter
and get sponsored by a lender or bank.
Primarily mortgage processors, loan officers, and mortgage bankers who have
not been exposed to formal FHA lending training and lenders who want to broaden
their mortgage lending knowledge will benefit from learning how to process FHA
Government loans. Graduates will be better prepared to serve effectively and
profitably as mortgage loan processor.
This training is useful for ALL mortgage professionals including loan
officers, brokers, mortgage processors, and underwriters.
About the Instructor
Our instructors average over 20 years in mortgage banking expereince
including hands-on DE Underwriting, management, training and quality control.
How it Works
You will need your computer capable of audio playback with a strong internet
connection (DSL, Cable, or faster).
This course is a recording of a previously held course. Once purchased,
Diehl and Associates will email you the course link along with a user name and
password within one business day. If you can't wait to get started, call
us at 888-342-5844 during business hours (8:30 AM till 5:00 PM EST) and we can
email out your access link and password immediately.
System Requirements
- A functional computer or Ipad with audio playback capability
- A strong, speedy wired or wireless Internet signal (DSL or higher -
dial-up connections not recommended)
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