Understanding applications and applicants - 2016
Presented by
David Dickinson
Recorded on September 21, 2016
—
2.0 hours
Have you completed this webinar? Please tell us what you think.
ICB Credit: 2.5 CRCM
Join BOL Guru David Dickinson to learn the rules of loan applicants and applications. You may think an application is a basic document, but there are nuances and complexities to the application process that can lead to compliance violations if applicants and applications are not properly understood.
We'll step through the application process and provide real life examples. You will learn when an inquiry becomes an application; the difference between a pre-qualification and a pre-approval; when you can and cannot require signers or guarantors. You will also learn when an application is required to be in writing, when other disclosures are triggered and when an Adverse Action Notice must be provided.
We'll cover the answers to these questions and many more:
** This webinar will touch on when can you ask a spouse (or other person) to sign and what documents they can be required to sign; however, documenting joint intent is a separate webinar topic. Also, this webinar is not focused on Reg Z and RESPA disclosures, but rather the application process that triggers these disclosures.
Who Should Attend:
This webinar will be designed for Senior Management, Compliance Officers, Auditors, Lenders, Loan Processors and Loan Operations Personnel.
David Dickinson
Understanding applications and applicants
Materials
Slides
Questions and Answers