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CD: Loan Processor Training #3: Real Estate Settlement Act

CD: Loan Processor Training #3: Real Estate Settlement Act


Today's lending environment requires a well-trained and educated loan processor. Loan processors must be able to navigate countless regulations and identify potential fraud threats all the while building strong customer relationships and making high-quality loans. One of a 7-part valuable series, which includes computer-based modules and individual training materials, will ensure your lending staff has the necessary skills and knowledge to do the job right.

Each program includes a presentation for individual or group viewing on a computer screen. The manual is searchable with quizzes, examples and testing.

Written and produced by Chaotic Solutions

Loan Processor Volume 3: Real Estate Settlement Procedures Act (20 minutes)

This program covers the requirements of RESPA including applicability and coverage, new definitions including changed circumstances, good faith estimate, binding and revised GFE, escrow accounts, and HUD-1/1A.

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