Housing Market, Regulation

Indiana Credit Union League to host mortgage lending compliance seminar

MortgageThe Indiana Credit Union League will hold a mortgage lending compliance seminar for state credit union compliance professionals on March 4 to discuss new CFPB rules, including disclosure and timing requirements.

The one-day seminar covers disclosure requirements for closed-end, consumer real estate transactions; the verification and approval process for certain mortgages; escrow processing requirements; disclosure timing and when the borrower’s acknowledgement is required; and fee regulations for the application process.

David Luken, a senior consultant at PBS and a former faculty member of the FDIC’s Advanced Consumer Protection School, will speak at the seminar.

Registration for the seminar ends on Feb. 14. The event begins with registration at 9 a.m., and the cost is $240 per person.

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