Construction-only and construction-to-permanent lending have unique features and are treated very differently under the regulations. With the massive changes to the TILA/RESPA Integrated Disclosures (TRID) what was somewhat complex has become very complex... almost as if construction loans were overlooked when the CFPB completed work on the new TRID documents.
This seminar will attempt to demystify the process and will be based on experiences as well as information provided by the Bureau. There are portions of the rule that are still not clear. Any additional information that is available will be included in this webinar as that information becomes available. Construction lending can be done safely and profitably with a little bit of effort. This webinar will provide proactive best practices.
ABOUT THE PRESENTER – Bill Elliott, CRCM, Young & Associates, Inc.
Bill Elliott has over 35 years of banking experience. As a senior compliance consultant and manager of the compliance division with Young & Associates, Inc., Bill works on a variety of compliance-related issues, including leading compliance seminars, conducting compliance reviews, conducting in-house training, and writing compliance articles and training materials.
Bill’s career includes 15 years as a compliance officer and CRA officer in a large community bank, as well as working at a large regional bank. He has experience with consumer, commercial, and mortgage loans, and has managed a variety of bank departments, including loan review, consumer/commercial loan processing, mortgage loan processing, loan administration, credit administration, collections, and commercial loan workout.
This informative session is designed for anyone involved in the construction-only and construction-to-permanent lending process, including management, lenders, processors, auditors, and others that need this information.
This webinar is being hosted through a national webinar provider. Wisconsin state law will not be addressed.
Monday, October 24, 2016 2:00 PM - 3:30 PMCentral Time
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