DENVER, Colo. (SEND2PRESS NEWSWIRE) — Mortgage fulfillment outsource services expert Titan Lenders Corp is conducting a Webinar series focused on real world application of RESPA changes to the GFE and HUD-1. Beginning March 9, the Webinar will be held bi-monthly on Tuesdays at 1:00 p.m. EST/EDT (subsequent Webinars are scheduled for March 23, April 6 and April 20). Titan’s RESPA compliance training has been developed from the operations perspective, providing both factual and practical information for working with GFE and HUD-1 borrower disclosures.
Originators and other professionals working directly with initial disclosures and/or closing documents that want to participate in the Titan Lenders Corp Webinar titled “GFE HUD Compliance” can register at http://titanlenderscorp.com/GFE-HUD-training-webinars.htm .
“Nearly everyone offering GFE/HUD-1 training is simply providing the standard RESPA training released by HUD late last year and updated in January. Titan Lenders Corp training is based on its actual file processing experiences since RESPA went into ‘soft release’ effect,” said Titan Lenders Corp president Mary Kladde. “We are committed to playing a role in the industry’s revival, so we are sharing what we have learned as a provider of outsource services to very active lenders.”
Titan Lenders Corp is a U.S.-based domestic mortgage fulfillment outsource operation that offers a “parallel and variable cost alternative solution” to lenders’ maintaining back office and warehouse line management operations.
Based on Titan Lenders Corp’s success in producing RESPA-compliant loans, the “GFE HUD Compliance” training series delivers a comprehensive line-by-line understanding of the new GFE and HUD, including:
* New RESPA terminology;
* When to re-disclose;
* Understanding “Changed Circumstances”;
* Understanding Tolerance Measurements;
* Understanding “Important Dates”; and
* Inside columns, outside columns, what do they mean?
“All of the loans we have been involved with for our lender clients have been in compliance and are being purchased with no issues by investors,” Kladde explained. “Many lenders managing their own back office system are not experiencing that same level of success, so we are confident we can have a positive effect of lenders’ understanding of how to deal with the new requirements.”
This class is designed for anyone who works directly with GFE’s and/or HUD’s, including loan originators, processors, underwriters, closers and post closers. For more information, contact Sales@TitanLendersCorp.com .
About Titan Lenders Corp:
Titan Lenders Corp (www.TitanLendersCorp.com) is one of a specialized few providers of mortgage back office fulfillment services, a not-well-understood facet of mortgage lending that includes closing, funding, and post closing services. Community banks, credit unions, mortgage bankers and brokers use outsource providers strategically to minimize compliance risks in a time-sensitive error-averse environment. Fluctuations in mortgage lending volume also lead some lenders outsource their entire back office operation and secure predictable “per transaction” pricing rather than maintaining an inflexible static in house staff.
News Source: Titan Lenders Corp
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