ABOUT THE WEBINAR
Common LE Errors & The Real Estate Commission Conundrum
October 28, 2024 | 3:00 PM - 4:00 PM EST
$249 per webinar hook-up
Join us for a webinar where experts from Young & Associates will unveil common Loan Estimate (LE) errors and the latest strategies to help you complete the LE correctly, given the new real estate commission changes. For instance, “how do we complete the LE when the seller is paying half of the applicant’s portion of the real estate commission?”
The Loan Estimate is one of the important documents that is given to the applicant, sometimes before all the pertinent details are really known. So how do we complete the LE in a way that tells the applicant what to expect, while at the same time, leaving the financial institution enough room to improve the LE information, as new information about the transaction itself become known. There are strategies that you can use to protect both you from having to pay some of the loan costs, while still giving as much information as possible to the applicant.
While we will discuss compliance, this webinar is designed to give practical information to the processors that are actually completing the document.
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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, October 28, 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 tailored for those who complete the Loan Estimate, regardless of title. Compliance officers and loan management will also benefit from this presentation.
WHAT IS INCLUDED?
Attendees will gain access to a live, expert-led session with compliance specialist Bill Elliott, a live Q&A session, comprehensive presentation slides, and a detailed manual to guide you through Loan Estimate completion. You’ll also receive actionable strategies for avoiding common errors. After the webinar, you'll receive a certificate of completion to acknowledge your participation.
What You Will Learn
Join us for this webinar and gain insights into:
| Proper Loan Estimate Timing: Understand when to issue the initial and subsequent Loan Estimates. |
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| Understand Best Practices: Learn strategies to protect both the applicant and your financial institution from cost discrepancies. |
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| Identifying & Avoiding Common Errors: Explore frequent documentation mistakes and how to prevent them. |
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| Real Estate Commission Changes: Gain insights into how the latest commission changes impact the Loan Estimate process. |
JOIN OUR WEBINAR
The Common Loan Estimate Errors & The Real Estate Commission Conundrum
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.