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A Deeper Dive into the New Disclosures - The Loan Estimate

Starting October 3, 2015, you no longer will provide a RESPA Good Faith Estimate or an Early Truth in Lending traditional Fed Box disclosure within three business days of receipt of an application for a mortgage loan. Instead, information from those two disclosures have been merged or “integrated” together into a single three page long Loan Estimate disclosure. Learn the details of how you will prepare that Loan Estimate disclosure and why there will be many new and unique “opportunities” to get the disclosure wrong if you aren’t prepared.

What Is Covered:

  • What information goes on the disclosure
  • How the information is organized or grouped together
  • What new and different standards apply to each field on the disclosure

Target Audience:

Mortgage Lending Officers (all levels), Compliance Officers, Auditors, and Counsel.

Level: Basic to Advanced

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