Webinar: GFE & HUD-1: Current Issues, Current Challenges
The Consumer Financial Protection Bureau (CFPB) has tentatively scheduled the integrated Early TIL/GFE and Final TIL/HUD for release in September 2013. Unfortunately, the result of this delay means that financial institutions will have to live with the current Good Faith Estimate and HUD-1 disclosures for longer than originally anticipated. From the time of issuance, you will have to wait a number of months for appropriate programming, meaning that the industry will have to continue the struggle with the existing forms well into 2014. This webinar is designed to address the current issues that continue to challenge all of us.
About This Session:
This webinar will cover the following topics:
- The rules for the current forms
- "Hot button" regulator issues regarding the GFE and HUD-1
- Results of reviews and common issues
- Form areas that pose the biggest risks for reimbursements
- Review techniques that will be effective for the current forms
Who Should Participate:
Consumer real estate lenders, loan processors, auditors, senior lenders, underwriters and others who participate in the consumer real estate function
About the Presenter:
Bill Elliott, Young & Associates, Inc.
Bill Elliott has more than 30 years of banking experience. As a compliance consultant and manager of the compliance division with Young & Associates, Inc., he works on a variety of compliance-related issues, including: leading compliance seminars, conducting compliance reviews, conducting in-house training and writing compliance articles and training materials. Elliott's career includes 15 years as a compliance officer and CRA officer in a large community bank, as well as working at a large regional bank.