ABOUT THE WEBINAR
Escrow: How to Avoid Errors – and Fines
August 19, 2024 | 3:00 PM - 4:00 PM EST
$249 per webinar hook-up
Join us for an in-depth webinar on escrow management tailored specifically for community banks. This webinar will discuss the world of escrow. Presenter Bill Elliott will delve into the complexities of escrow requirements, focusing on the most common errors and how to avoid them.
For instance, do you know how to close an escrow account correctly? It all depends on exactly when you are closing that account, and whether you are doing it on your own or at the customer's request. If you are unsure of any of the four scenarios for escrow account closing, this webinar is for you. And how do you enforce escrow after loan inception? We will answer that question, and others, as well. When you have completed the webinar, you will know what the requirements are for all aspects of escrow, from account inception all the way to loan payoff.
Escrow management can be a complex and error-prone aspect of banking. This webinar is an opportunity to learn from the experts at Young & Associates, a company with a long-standing reputation for providing top-notch consulting services to community banks. Equip yourself with the knowledge to navigate escrow challenges confidently and keep your institution compliant and error-free.
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MEET THE PRESENTER
Bill Elliott, CRCM, Director of Compliance Education
With over 45 years of banking experience, Bill Elliott is a seasoned expert in compliance and regulatory affairs. As a Senior Consultant and the Director of Compliance Education at Young & Associates, he brings extensive expertise gained from roles as a compliance officer and CRA officer in both community and regional banks. Bill's diverse background includes lending across consumer, commercial, and mortgage sectors, as well as managing various banking departments. He leads compliance seminars, conducts reviews, delivers training, and authors articles and materials.
Webinar Details
WHEN?
Date: Monday, August 19, 2024
Time: 3:00 PM EST
Duration: Approximately 60 minutes
Unable to join the live webinar? Inquire about purchasing the recording.
WHO SHOULD ATTEND?
This webinar is designed for banking professionals who are involved in the management of escrow accounts. Whether you are in a supervisory role, part of the lending team, or responsible for compliance, this session will provide valuable insights and practical advice. If you find yourself uncertain about the correct procedures for closing an escrow account or enforcing escrow after loan inception, this webinar is a must-attend.
WHAT IS INCLUDED?
Gain access to a live virtual webinar where we will break down escrow requirements and common errors. Participants will receive valuable resources, including the presentation, a manual, and a certificate of completion.
What You Will Learn
Join us for this webinar and gain insights into:
| Understand Escrow Requirements: Gain a comprehensive understanding of escrow account requirements from inception to loan payoff. |
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| Identify Common Errors: Learn about the most common escrow errors and how to avoid them. |
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| Master Account Closure Procedures: Discover the correct procedures for closing an escrow account under various scenarios, whether initiated by the bank or at the customer’s request. |
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| Enforce Escrow Post-Loan Inception: Understand the nuances of enforcing escrow after loan inception. |
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| Enhance Compliance: Ensure your bank’s escrow practices are compliant with regulatory requirements, reducing the risk of fines. |
JOIN OUR WEBINAR
Escrow: How to Avoid Common Errors – and Fines
Register here to join us for our upcoming webinar!
Are you registering as a group? Individuals should be registered separately. For assistance with group registrations, please contact Karen Hevesi at khevesi@younginc.com or 330-422-3479.
Hosted by Young & Associates, Inc.
Young & Associates is a national leader in financial institution consulting, outsourcing, and education. We provide trusted expertise you need to manage risk, stay compliant, and position for growth and profitability. Find out more about Young & Associates.