EVENT:
TC - RESPA UPDATE: Real Estate Settlement Procedures Act and Regulation X (Session Code: 683)
These sessions will provide an overview of RESPA and REG X. They will focus on the most recent revisions to this law/regulation taking effect January 1, 2010.
·New GFE – (1/1/2010 Implementation Date)
·New HUD-1/HUD 1A (for all transactions in which the new GFE is used) - (1/1/2010 Implementation Date)
·Tolerances – (1/1/2010 Implementation Date)
·Elimination of FHA cap on origination fees and recent changes to their FAQ’s - (1/1/2010 Implementation Date)
·TILA’s recent early disclosure rule changes
·Average charge (optional)
·Servicing disclosure statement
·Other technical changes
·What CUs will want to be aware of from a legal, compliance and audit point of view
Illinois Pricing:
Regular: $ 169.00
Out of State Pricing:
Regular: $
169.00
Contact: Mary Jaros(Illinois Credit Union League)
Phone: 630-983-3466
Fax: 630-983-3212
Email:
mary.jaros@ilcusys.org