This course covers your 8 Hour Federal CE Requirement

  • Get the latest legal and regulatory developments.
  • Enhance awareness of common ethical breaches and federal law violations.
  • Review the detailed insights into the laws on employee classification in the mortgage industry.
  • Cover essential topics as required by the Nationwide Multi-state Licensing System for 2024.
  • Gain a better understanding of the credit markets and the factors influencing rate fluctuations.
  • Explore updates on FHA programs and other non-traditional lending products.
  • Learn about fair lending laws mainly focusing on a case study involving discriminatory practices against specific communities.
  • Great opportunity for you to directly ask questions and get answers
  • Interactive learning and Knowledge Assessment
  • Share ideas
  • Professional and Entertaining Instructors

 

  • Topic 1: "Unknown Reason" for Loan Denials - ECOA - 12 C.F.R. §1002.9(b)(2-9)
  • Topic 2: Right of Rescission - TILA - 12 C.F.R. §1026.23(a)(3)(i)(b)(1)(v)
  • Topic 3: Prohibited Fees Charged for Rapid Recheck or Expedited Rescore Fees - FCRA - 15 U.S.C. §1681i(a)(1)(A)
  • Topic 4: Statement of Specific Reasons - ECOA - 12 C.F.R. §1002.9(b)(2)
  • Topic 5: Rescission Notice is not in compliance - TILA - §1026.23(b)
  • Topic 6: TILA Zero Tolerance Overcharge - TILA - 12 C.F.R. §1026.19(e)
  • Topic 7: TILA Loan Estimate Not Provided Timely/Who's Responsible - TILA - 12 C.F.R. §1026.19(e)(1)
  • Topic 8: Providing an Appraisal and/or Other Valuation - ECOA - 12 C.F.R. §1002.14(a)(1)
  • Topic 9: : Post Closing Disclosure (CD) not Provided to Borrower for Change in ThirdParty Charges - TILA - §1026.19(f)(2)(iii)
  • Topic 10: Failure to provide appraisal and applicable valuation disclosures within three (3) business days of application. - ECOA - 12 C.F.R. §1002.14(a)(1)

Meet Your Instructor

KIRK FAULKNER 

Kirk Faulkner brings a wealth of experience spanning media sales, technology, non-profit work, and a thriving 20+ year career in the mortgage industry. His focus on compliance and training within the mortgage sector is enriched by his diverse background, which shapes his unique perspective and approach. This multifaceted expertise allows him to navigate the complexities of the mortgage industry with a comprehensive understanding and innovative solutions.

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