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Sponsored by Lorman Education
Only registered attendee will receive continuing education credit.
Product ID: 405748
 
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Mortgage Servicing Key Changes and Requirements

Live Webinar
November 10, 2021
1:00 pm ET (12 pm CT, 11 am MT, 10 am PT)
1 hour 30 minutes
Live Webinar$149Register Now

Gain an understanding of federal and state laws and regulations on mortgage servicing.

Mortgage servicers manage mortgage loans from the time they are originated until the loan is paid off, satisfied, or foreclosed. Most residential mortgage loans are managed by servicers for the benefit of the holders of the loan. Mortgage servicers primarily collect and process mortgage payments. The responsibilities of mortgage servicers include sending monthly statements, maintaining, and verifying account balances, handling escrow accounts, engaging in loss mitigation, and handling and managing foreclosures. Mortgage servicers are a critical link between mortgage borrowers and the mortgage loan owners. This topic will provide an overview of federal and state laws and regulations on mortgage servicing, including a detailed overview of requirements under federal RESPA and TILA, as well as current developments under CARES Act-related forbearance and financial responsibility requirements for non-bank mortgage servicers.

Learning Objectives

• You will be able to describe the requirements under federal RESPA and TILA for mortgage servicers.

• You will be able to discuss current developments under CARES Act-related forbearance.

• You will be able to explain the proposed financial responsibility requirements for non-bank mortgage servicers.

• You will be able to recognize state law requirements for mortgage servicers.

Registration

Live Webinar$149Register Now