4 Reasons You Should be Worrying About New Mortgage Disclosures TODAY

4 Reasons You Should be Worrying About New Disclosures TODAY: The new rules aren’t just new forms. They’ll require reworking all your origination systems. Coordinating the changeover with your tech vendors will take a lot of time. So will testing. And staff training. You can’t count on the CFPB offering a grace period to iron out wrinkles. If you don’t have it right, you may not be able to make any mortgage loans on or after Aug. 15. What should you be doing now to avoid problems caused by the new mortgage disclosures? Find out Thursday at: Planning for New Disclosures: The Time Is Now Thursday, September 11, 2:30 pm ET While there’s a year left before the Consumer Financial Protection Bureau’s integrated mortgage disclosure final rule takes effect, mortgage compliance experts are warning that lenders need to prepare NOW for major changes in the whole mortgage origination process that must be made to accommodate the new disclosures. Specifically, lenders must have loan origination systems that can communicate seamlessly with loan document generation systems as well as compliance management systems. And the testing of all those systems needs to take place well before the August 2015 deadline. And they will need every day of the remaining months to rework policies, reconfigure systems and retrain employees to handle the new disclosures, which are more than just a few new forms. Are you prepared for the big Truth in Lending and Real Estate Settlement Procedures Act changes that will reshape mortgage originations in the years to come? Find out what you need to know – and do – at Inside Mortgage Finance’s September 11, 2014, 2:30 pm webinar: “Planning for New Disclosures: The Time Is Now.” Our team of experts will examine the changes required under the new rules–and, most importantly, take you through what you should be doing now to ensure the smoothest transition to the new requirements. You’ll hear from these experts during the 90-minute webinar: Rich Horn, Partner, Dentons Mr. Horn will provide an overview of the regulation and key changes it will bring to the originations process. He will also discuss liability under the rule. Rod Alba, Senior Regulatory Counsel, American Bankers Association Mr. Alba will address how the new disclosure regimen improves on the current system, how it misses the mark, and how the rule is likely to change in the next two to three years. Roger Fendelman, Vice President, Compliance, Interthinx Mr. Fendelman will discuss the challenges that the new rule presents to mortgage companies and talk about the steps those companies should be taking to prepare for the August effective date. Andy Dunn, Senior Attorney, Wolters Kluwer Financial Services Mr. Dunn will look closely at the implementation challenges of the new forms as well as at the impact the new federal disclosure rule has on state laws. Among the topics we'll cover: How will the new disclosures improve your lending processes? What important aspects of the rule are still undefined? What should your implementation plan look like? When can you switch over to the new forms? What are likely to be the biggest technology challenges? What testing should you conduct—and when? What are the penalties for getting it wrong? What changes should you be making to your customer interactions? Don’t let time run out on you. Make sure your disclosure planning is where it should be. Your Webinar registration includes these added benefits: Webinar attendance for you and your entire team; A webinar manual with a program outline, speaker bios and presentations, and pertinent articles on the subject from Inside Mortgage Finance and our other newsletters; A full transcript, emailed to you when you take our post-conference survey; and The opportunity to connect with any or all of the speakers during the audience Q&A session—a favorite part of these events. Cancel before 5:00 pm ET 9/9/14 for full refund less $25 fee. You will receive an email confirmation shortly after completing your registration. You may also contact us at (301) 951-1240. Two Ways to Register: REGISTER ONLINE REGISTER BY PHONE: Call Erika at 800-570-5744 or 301-951-1240. Our Customer Service representatives can answer any questions and register you in minutes. For one low rate you and your entire staff (in one location) can participate in this exclusive Inside Mortgage Finance webinar without ever having to leave your office. You'll come away with firsthand, actionable information. NOTE: Call for discounted rates for multiple sites. What Is a Webinar? It is a live event in which you listen to presenters either through your phone or through your computer while viewing their presentations online. Register Now

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