Lender Alert: Regulation Z Mortgage Application Timing Requirements
Thursday, May 10, 2012
1 - 2:30 pm MT
2 - 3:30 pm CT
3 - 4:30 pm ET
It seems as if each new reiteration of Regulation Z makes the entire process more complicated and time consuming. This webinar is designed to cover the timing requirements of the regulation, including the links that might exist regarding timing requirements in other regulations. It will also address contrasting definitions of “application” in different regulations, so you will understand the differences and the direct impact on Regulation Z.
Some of the differing Regulation Z disclosures will be covered, and the handouts will include significant information regarding required Regulation Z content. The focus of this session will not be on every required field in each form, but on those fields that have a direct impact upon the Regulation Z timing requirements.
- Determining the application date (when the “clock starts to tick”)
- When must the different types of Regulation Z mortgage disclosures be delivered?
- Calculating the delay period the regulation requires
- When should you re-disclose? How will that change the closing date?
- When can the loan close?
WHO SHOULD ATTEND?
This informative session is designed for mortgage lenders, mortgage processors, senior lending personnel, auditors, and others who work in or review the mortgage loan process.
MEET THE PRESENTER
Young & Associates, Inc.