New Uniform Residential Loan Application Beginning January 1, 2021: Updating Policies & Testing Readiness

The redesigned Uniform Residential Loan Application (URLA) is a complete overhaul of a document that has remained largely unchanged for two decades. Since many financial institutions rely on the URLA during the mortgage loan process, significant changes have the potential to cause disruption. Therefore, it’s important to prepare now for a smooth transition before the March 1, 2021, deadline.

This webinar will go line-by-line through all five sections of the new URLA and offer implementation and training tips along the way. It will provide exercises to train lenders and identify potential processes to test. Learn more about identifying the policies and procedures that could be affected and how documentation requirements can be redesigned to gather data for the new form. Take this opportunity to familiarize yourself with the new URLA and prepare for successful, timely optional adoption beginning on January 1, 2021.

.

For more information or to register CLICK HERE