Event Calendar

Thursday, April 29, 2021

New URLA for a New Year! Prepare Now for a Smooth Transition

Start Date: 10/29/2020 1:00 PM MDT
End Date: 4/29/2021 2:30 PM MDT

Organization Name: Independent Bankers of Colorado

Tara F. Hunter
Phone: (303) 832-2000

New URLA for a New Year! Prepare Now for a Smooth Transition
1:00 pm – 2:30 pm MT

VHS tapes, anyone?  Twenty years ago, they were the most popular way to watch movies.  That’s how long it’s been since the URLA changed!  The new, redesigned form will be available beginning January 1, 2021.  Now is the time to prepare for the transition and learn the new form’s capabilities and data collection fields.  Get onboard!  The 2021 train is barreling down the tracks.

  • Understand all five sections of the new URLA
  • Identify the new data collection fields on the revised form
  • Perform calculations using the form’s built-in capabilities
  • Recognize enhancements designed to aid in form completion
  • Properly capture information on multiple applicants
  • Utilize the form’s dynamic capabilities (What’s expandable! What’s collapsible!)
  • Customize procedures and policies to guide staff during URLA completion
  • Develop exercises to familiarize lenders and loan processors with the URLA layout
The optional use date of the redesigned Uniform Residential Loan Application (URLA) has been changed several times, but it’s officially available for use beginning January 1, 2021! Mortgage lending staff should prepare now to implement this form for all mortgage applications taken in the new year, prior to the required use date for mortgage loans that will be sold to Fannie Mae and Freddie Mac.  Even if your institution does not sell mortgage loans, it is very likely that your loan origination system will be updated with the new URLA.  Get a jump on 2021 by becoming familiar with the form’s layout and how to complete each of the five sections.
This session will take a deep dive into when each section should be completed and include a detailed discussion of the data collection points throughout the application.  Learn exercises and completion tips to help staff smoothly transition to the new form - which hasn’t changed in over 20 years!  This webinar will ensure you are ready to roll with the new URLA for your first 2021 mortgage loan application!
This informative session is designed for loan officers, loan origination and closing staff, mortgage quality control staff, underwriters, auditors, compliance personnel, and anyone who completes or relies on information documented on the URLA.
  • Cheat sheet to determine loan purpose for the URLA, TRID, and HMDA
  • Quick tips for completing forms
  • Exercises to enhance lender training sessions
  • Employee training log
  • Interactive quiz
New Uniform Residential Loan Application Beginning January 1, 2021:  Updating Policies & Testing Readiness
on Wednesday, May 6, 2020
Completing the TRID Loan Estimate Line-by-Line
on Wednesday, June 10, 2020
Adverse Action in Mortgage Lending: Compliance, Notices & Best Practices
on Thursday, August 8, 2019
Molly Stull, Brode Consulting Services, Inc.
Molly Stull began her career as a teller while working on her undergraduate degree and has continued working in the financial industry ever since.  She has experienced the growth of a hometown bank, branch mergers, charter changes, name changes, etc.  Molly has activated business resumption plans, performed secondary market quality control reviews, processed wires, filed SARs, and coordinated reviews with external auditors and examiners.  Her favorite role has always been educating staff and strongly believes that if staff understands the reason for a process they will be more compelled to follow the procedures.  Molly holds a bachelor’s from the University of Akron and an MBA from Ashland University.

1. Live Webinar Includes
  • Unlimited connections within your institution to the Live Webinar
  • Handout and Take-Away Toolkit
  • Available on desktop, mobile & tablet
  • Presenter’s contact info for follow-up
 2. Recorded Webinar Includes
  • Recording of the Live Webinar
  • Available two business days following Live date
  • Handout and Take-Away Toolkit
  • Available on desktop, mobile & tablet
  • Free Digital Download, yours to keep
  • Share link with anyone at your institution
  • Presenter’s contact info for follow-up
3. Purchase the BOTH Option to receive all the benefits listed above!