Mortgage Servicing Rule Changes
Wednesday, August 30, 2017 | 2:00 p.m. EST
Presenters: Jon Tavares and Matt Goble
Is your financial institution aware of the CFPB’s recent amendments to the provisions of the TILA/RESPA Mortgage Servicing Rule? Learn whether these changes will apply to you and how they will impact your current mortgage servicing procedures by joining us for this webinar.
In August 2016, the CFPB publish its latest revision of TILA/RESPA Mortgage Servicing Rule, which will become effective in two stages on October 19, 2017, and April 19, 2018. The changes affect nine major aspects of mortgage loan servicing that will have an impact on all mortgage servicers, large and small. Join Temenos' Senior Compliance Advisor, Matt Goble, and Senior Compliance Consultant, Jon Tavares, to hear about these upcoming changes. Key discussion topics will include:
- How the scope, coverage, definitions, and exemptions related to Mortgage Servicing affect your institution
- What the new requirements are, related to successors in interest and potential successors in interest
- Ways to comply with all the changes to the loss mitigation rules, including how they affect loss mitigation applications, foreclosures, and servicing transfers during the loss mitigation process