Good Faith Estimate vs. the “New” Loan Estimate Fee Section – Webinar

A ninety-minute webinar that compares the Good Faith Estimate (Page 2: Settlement Costs) as to “where and how” those fees will be disclosed on the new integrated Loan Estimate.


OVERVIEW

Just about the time we understand the proper placement of fees on the Good Faith Estimate, the Consumer Financial Protection Bureau (CFPB) changed the rules and the forms on us. The new “Loan Estimate” combines the early TIL and the Good Faith Estimate. The rules as to “where and how” the fees are placed on the Loan Estimate have changed dramatically. This new disclosure is effective for applications received on or after August 1, 2015.

While the new Loan Estimate is three pages in length, this webinar will focus on Page 2: Closing Cost Details and compare and contrast that to the Good Faith Estimate Page 2 that we use today. The presentation will go over each section of the Good Faith Estimate and show the proper placement on the new Loan Estimate.

HERE IS WHAT YOU WILL LEARN

A review of each section on the Good Faith Estimate and the proper placement of the fees on the

Loan Estimate.

PRESENTER

Kathy Mayes, Vice President, PBS

WHO SHOULD ATTEND

This program is suitable for all personnel involved in consumer mortgage lending, including loan officers, loan processors, and mortgage brokers.  Compliance officers and auditors responsible for ensuring the financial institution is fulfilling its regulatory responsibilities will find the program valuable.

FORMAT

Comprehensive written materials along with an online presentation for viewing serve as the basis of the presentation. Ample time will be dedicated to taking questions from attendees. Be sure to ask your questions during the webinar, as we are unable to offer telephone or email support after the presentation.

DATE/TIME 

Thursday, February 19, 2015

2:00 pm – 3:30 pm Eastern
1:00 pm – 2:30 pm Central
12:00 pm – 1:30 pm Mountain
11:00 am – 12:30 am Pacific

All times listed are Standard Time.

PRICE

First Location

$265 – Attend Webinar
$365 – Attend Webinar and Purchase Recording/Materials
$265 – Purchase Recording/Materials

Additional Locations

$135 – Attend Webinar
$235 – Attend Webinar and Purchase Recording/Materials
$135 – Purchase Recording/Materials

Additional locations are available at a discounted rate of $135 each.  Please call our toll-free number to register any additional locations (800/523-4778, option 1).

REGISTRATION INFORMATION

Your registration of $265 entitles you to a single telephone and Internet connection at one physical location and permission to make copies of the written materials for anyone else participating during the webinar. Additional locations are available at a discounted rate of $135 each. Additional locations may be registered by fax, mail or phone call to PBS. Any recording, transmission, retransmission, or republishing of any portion of this webinar is prohibited.

Prior to the program date, you will receive an email with the instructions for accessing the program materials, dialing into the program, and viewing the training session. Please add registrar@probank.com to your list of approved email addresses. Participants have the option to listen to the audio portion only and print the web presentation from a link provided rather than view on the web. (You will need Adobe Acrobat Reader, available free at: www.adobe.com).

Download a Webinar Brochure

Register online now by clicking here!

Professional Bank Services
(800) 523-4778