Right of Rescission - Review and Update Webinar

WHAT?
Regulation Z contains a long list of complex and confusing provisions. The rules related to the consumer’s right to rescind a mortgage transaction are near the head of the list. Few topics generate more litigation or more questions.

All of the rules, from providing the notice of rescission to undoing transactions that the borrower has rescinded, are covered. The program explains what transactions are subject to the right to rescind, who has the right to rescind, how to handle rescission, and how to fix problems when they occur.

The program and the program materials are updated to include recent revisions to rescission tolerances.

WHY?
This two-hour program explains all of the rescission rules. It provides easy to understand answers to questions. and it provides a system to assure compliance.

Participants receive a detailed manual that serves as a handbook long after the program is completed.

Upon completion of this course, attendees understand:

  • What transactions are subject to the right to rescind;
  • Who has the right to rescind;
  • How to handle rescission for both open-end and closed-end credit;
  • How long does the rescission period lasts and when does it begin;
  • Which of the seven model rescission forms to use;
  • What is the potential liability if an error occurs and how are errors corrected;
  • Who has the right to waive the right to rescind; and
  • The recent revisions to rescission tolerance rules.

Who Should Attend?

The program is designed for loan officers, compliance officers, loan processors and clerks and auditors.

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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Related Topics

Instructor

Jack Holzknecht
Jack Holzknecht

Jack Holzknecht is the CEO of Compliance Resource, LLC. He has been delivering the word on lending compliance for 45 years. In 40 years as a trainer over 150,000 bankers (and many examiners) have part... read more.

Course TitleCreditsStart DateStart TimeDelivery TypeDelivery OptionInstructor / LocationPrice
Right of Recission Review and Update0.25 Any AnyWebinarSix Month On-Demand Recording Jack Holzknecht$295.00 Register Now
Right of Recission Review and Update0.25 Any AnyWebinarCD-ROM Video Recording Jack Holzknecht$345.00 Register Now
Delivery Options

LIVE WEBINAR:
INCLUDES 7 DAYS OF ONDEMAND PLAYBACK! With this option, you will participate in the webinar (via the internet) as it is being presented. You will login to the webinar on your PC to view the PowerPoint presentation, and you have the option of using your PC speakers or a telephone for the audio. You can type and send your questions to the instructor. Many companies are now running their PC through an LCD projector allowing many employees to participate at the same time. And don’t worry if you miss the webinar, you can still view it for up to seven days after it takes place!

SIX MONTH ONDEMAND VIDEO:
With this option, you will receive an e-mail that contains a link to the PowerPoint slides (to download, print, and copy) as well as a link to the media player where you will view and hear the entire webinar just as it was delivered, featuring the full-color PowerPoint presentation with audio. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. The weblink will be available to you (and anyone else in the company) for up to six months and can be accessed 24/7 as many times as you wish. Delivered via e-mail the day after the webinar takes place.

CD-ROM VIDEO:
If you do not have internet access or want to make the webinar part of your training library, the CD-ROM Recording is a great option for viewing a webinar. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. With this option, you will receive a download of the PowerPoint slides and a CD-ROM Recording (featuring PowerPoint presentation with audio) of the webinar via regular mail. Mailed 7 to 10 days after the webinar takes place.

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