Mortgage Loan Origination: Critical Timing Requirements

Take this opportunity to learn the trigger points that start the clock ticking and how long the windows remain open.  Discover how to create a proper mortgage loan file.  Compliance is crucial to protect your institution and sail through the next exam.

• Distinguish between a preapproval and an application
• Explain when to use business days versus calendar days to meet compliance requirements
• Identify triggering events that determine when compliance notices are required
• Recognize the importance of documenting triggering events
• Understand critical regulatory compliance timing requirements