Education

Mortgage Loan Originator Workshop

Consultative Lending in a Remote World

September 22 & 23, 2021
8:30 a.m. - 11:45 a.m.
Registration: $309 per person

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League of Southeastern Credit Unions has partnered with the Michigan Credit Union League to bring you the Mortgage Loan Originator Workshop - Virtually.

 

Register Now!

Join Regulatory Compliance Counsel Michael Christians and the Michigan Credit Union League for a day in the life of a loan originator. This course is a comprehensive overview of the mortgage lending process from start to finish. New loan originators as well as those looking to satisfy their periodic training requirement under Regulation Z would both benefit from participating in this course.

During this two-day virtual session, participants will learn about the federal laws and regulations that impact the mortgage origination process. Specifically, we’ll cover:

 

Curriculum

Loan Originator Basics

SAFE Act
Loan Originator Requirements
RESPA Section 8

Applicant Requirements

Application Disclosures
E-Sign Act
Collection of Monitoring Information

Underwriting Requirements

Ability to Repay/Qualified Mortgages
High-Cost Mortgages
Higher Priced Mortgage Loans
Appraisals
Flood Insurance
Private Mortgage Insurance
Adverse Action

Closing Requirements

Closing Disclosure
Notice of Right to Cancel

Servicing Requirements

Payment Processing
Prohibition on Pyramiding
Partial Payments
Payoff Statements
Periodic Statements
Subsequent Disclosures for Adjustable Rate Mortgages
Error Resolution Procedures
Requests for Information
Mortgage Servicing Transfers
Escrow Accounts
Force-Placed Hazard Insurance
Early Intervention Requirements
Continuity of Contact Provisions
Loss Mitigation Procedures
Successors in Interest

Fair Lending Considerations

Equal Credit Opportunity Act
Fair Housing Act
Home Mortgage Disclosure Act
Servicemembers Civil Relief Act
Agenda

Wednesday, September 22nd

*All times are EST.

Time Event
8:30 a.m. - 10:00 a.m.

Loan Originator Basics and Application Requirements

10:00 a.m. - 10:15 a.m.

Break

10:15 a.m. - 11:45 a.m.

Underwriting Requirements

Thursday, September 23rd

*All times are EST.

Time Event
8:30 a.m. - 10:00 a.m.

Closing and Servicing Requirements

10:00 a.m. - 10:15 a.m.

Break

10:15 a.m. - 11:45 a.m.

Fair Lending Considerations

Speaker

Speaker, Michael Christians
Michael Christians

As principal of Michael Christians Consulting, LLC, Michael assists financial institutions and organizations across the country with ensuring their compliance programs conform to Federal laws and regulations. He provides counsel relative to current rules, assists with the strategic implementation of upcoming regulatory changes and offers customized education and training services.

Michael has more than two decades of experience in the financial services industry with a primary focus on consumer compliance. He obtained his Juris Doctorate from Drake University Law School. He is a member of the Iowa State Bar where he is licensed to practice law.

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