Real Estate Settlement Procedures Act (RESPA) for Compliance Professionals
ABA SELF-PACED ONLINE TRAINING
Provides a complete overview of the Real Estate Settlement Procedures Act requirements, including disclosure requirements and anti-kickback provisions. Explains the early disclosure requirements and tolerances, escrow disclosures, the Affiliated Business Arrangement Notice, requirements for loan servicers, and practices to avoid.
- Identify loan transactions that are covered under RESPA
- Explain he timing and content of application and settlement disclosures
- Identify requirements for loan servicers in all aspects of servicing a mortgage loan
- Describe activities and business practices prohibited under Section 8 and the consequences of a violation
Compliance professionals including compliance managers, officers, and other compliance team members whose primary role is within the compliance function at their financial institution; bank examiners, bank regulators, auditors and lending compliance professionals.
Your Instructor: Lucy H. Griffin
President, Compliance Resources, Inc.
Griffin has extensive experience working with regulatory agencies.
Through her work for regulatory agencies and for ABA, she has developed and maintained a high level of expertise in all areas of compliance, particularly consumer credit protection and deposit regulations. Griffin is a Certified Regulatory Compliance Manager through the Institute of Certified Bankers.
ABA Certificate in Lending Compliance
The New York Bankers Association is a Local ABA Training Provider.
NYBA Professional Development at (212) 297-1679