Event Calendar

Tuesday, June 28, 2022

Mortgage Loan Origination: Critical Timing Requirements Webinar

Start Date: 6/28/2022 1:00 PM MDT
End Date: 6/28/2022 2:30 PM MDT

Event Website: https://financialedinc.com/mortgage-loan-origination-critical-timing-requirements

Organization Name: Independent Bankers of Colorado

Maelynn Lewis
Email: mlewis@ibcbanks.org
Phone: (720) 607-7937

Mortgage loan origination is all about the timing. Take this opportunity to learn the trigger points that start the clock ticking and how long the windows remain open. Discover how to create a proper mortgage loan file. Compliance is crucial to protect your institution and sail through the next exam. Meeting critical timing requirements is essential during mortgage loan origination. Have you second guessed whether the document’s delivery date is based on business days or calendar days?  Do Saturdays count?  Is today Day One, or is it tomorrow?  In some cases, disclosures can only be provided so far in advance of a triggering event, while other documents must be provided so many days after an event. Compilation of a compliant loan file can be so confusing!  The process is definitely dependent upon understanding the numerous timing requirements that go beyond those required by TRID. This webinar will take a deep dive into the critical loan compliance timing constraints related to the delivery and receipt of mortgage loan documents during the origination process. Understanding how to create a sequentially dated mortgage loan file will ensure you are better prepared for the next examination or compliance review!

  • Distinguish between a preapproval and an application
  • Explain when to use business days versus calendar days to meet compliance requirements
  • Identify triggering events that determine when compliance notices are required
  • Recognize the importance of documenting triggering events
  • Understand critical regulatory compliance timing requirements
  • Application triggers outlined by regulation
  • Mortgage loan flow chart
  • Sample changed circumstance form
  • Flood insurance calculation worksheet
  • Sample mortgage loan checklist
  • Employee training log
  • Interactive quiz
  • PDF of slides and speaker’s contact info for follow-up questions
  • Attendance certificate provided to self-report CE credits
This informative session is designed for mortgage lenders and processors, as well as those responsible for auditing and reviewing loan files, including compliance officers and internal auditors.
An In-Depth Look at Regulation Z's Amended Qualified Mortgage (QM) Rule, recording available
Ability to Repay: Qualified Mortgages & TILA RESPA Disclosures, Wednesday, October 26, 2022
Mortgage Lending Compliance Overview, Tuesday, November 15, 2022
NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your agency is prohibited. Print materials may be copied for eligible participants only.
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. On-Demand 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! Full registration descriptions can be found here.