Within the Real Estate Settlement Procedures Act, contains rules regarding the requirement for banks to provide certain credit applicants with a list of home ownership counseling organizations. This course will discuss the details required under RESPA or Regulation X including coverage, timing, and the list. This course is intended for compliance personnel, loan operations departments, and lenders.
- Understand which loan applicants are to receive the list of homeownership counseling organizations
- Know when to provide the information required by the rules
- Acknowledge the options a bank has for obtaining the appropriate list
Mobile, accessible, audio, video