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#138262 - 12/10/03 06:37 PM RESPA Training
MackenzieS Offline
Diamond Poster
Joined: Jul 2002
Posts: 1,722
Does anyone have any RESPA Training materials they would be willing to share? Okay, that may be a bit vague. I am specifically looking for training information on the completion of GFE/HUD1 and describing the Required Service Provider provision.
Last edited by MackenzieS; 12/10/03 06:45 PM.
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Lending Compliance
#138263 - 12/10/03 11:50 PM Re: RESPA Training
Howard Lax Offline
Gold Star
Howard Lax
Joined: Jan 2002
Posts: 478
Bloomfield Hills, Michigan
When RESPA was first applied to junior lien loans, about ten years ago, NBD Bank (now part of Bank One) developed a training video on how to complete the GFE and other disclosures for bank personnel. I do not have a copy, but you might ask some of the banks if they still have training materials for their retail lending operations for RESPA compliance from that time period.
Howard A. Lax Lipson, Neilson, et. al. Bloomfield Hills, MI

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#138264 - 12/11/03 03:44 PM Re: RESPA Training
LoisLane Offline
Diamond Poster
Joined: Oct 2001
Posts: 1,570
Wisteria Lane..
I don't have any training material to offer, but suggest you reprint (or place on a power-point slide) the section from HUD's Reg X under 3500.7 (e). To that, you could add examples that are typical to your loans, like name of flood cert company and other providers that don't come under the list of five or more.
And where is Superman when I need him?

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