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1:30pm to 3:30pm |
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All about Escrows
(Presented by David Dickinson)
One of the most misunderstood areas of the HUD-1/1A Settlement Statements is the escrow section concerning single-item and aggregate analysis adjustments. The aggregate analysis rules will be explained in an easy to understand method.
 | WEBINAR TIME:
11:30AM - 1:30PM PT
12:30PM - 2:30PM MT
1:30PM - 3:30PM CT
2:30PM - 4:30PM ET |
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Loan officers and administrative personnel will gain practical knowledge that will save them both time and money. The information presented at this seminar is not typically discussed at compliance seminars or in compliance manuals.
Escrow overages have become a very sensitive topic to the public. Therefore, examiners review escrow accounts with much scrutiny. Escrow violations, even if isolated or technical, can lead to serious regulatory consequences.
Additionally, we will discuss initial disclosures, annual disclosures, short-year statements and pay-off statements.
WHO SHOULD ATTEND
Designed for loan personnel that prepare settlement statements and for those personnel that must answer technical questions at loan closings.
About the Speaker:
David is a highly trained expert in compliance regulations. He is also a motivational speaker and innovative educator. As a qualified speaker on compliance issues, David speaks for the American Bankers Association's National Compliance School, as well as, several State Banking Associations. He conducts various seminars throughout the year, has developed numerous compliance manuals and has written articles for prestigious banking publications. In 1993, He established the firm of Banker's Compliance Consulting.
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