This webinar will give you a clear understanding of how to set up and maintain compliant escrow accounts in plain English.
Compliance with the escrow requirements can be tricky. The rules are vague, certain terms are not defined, and we’ve even seen investors make up rules that contradict the regulatory requirements. If you aren’t in compliance, the chances are good that it’s a systemic issue, which can lead to more serious consequences.
While the Regulation hasn’t changed in many years, the Consumer Financial Protection Bureau (CFPB) updated their Mortgage Servicing FAQs in June 2021. These updates include many FAQs specific to escrow accounts, escrow account analysis and escrow account deficiencies, shortages and surpluses.
What You’ll Learn
Who Should Attend?
This webinar is designed for loan officers, loan processors, compliance, audit and other loan operations personnel that create, calculate, analyze and/or disclose information related to escrow accounts.
Continuing Education (CE) Credits
This webinar is recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.
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Instructor
Jerod Moyer
Jerod is the leader of Banker's Compliance Consulting’s training productions. He is a nationally recognized speaker. Whether it’s a conference, seminar, school, webinar or luncheon, it’s easy to... read more.
