Program Description:
As of May 1st 2009, FNMA/FHLMC requires that all lenders selling loans to them adhere to the new Home Valuation Code of Conduct. As with many of the regulations put in place by the Secondary Market, this will quickly become standard procedure within the industry. Join J.T. Turner, Trainer and Consultant, for an overview of the new regulations, their impact on lenders, and the latest updates to the Code.
As of April 1 2009, FNMA requires that sellers send a new added form with all loans sold to them. This form, 1004MC, places an added burden on the appraiser and lender. A brief overview of the form and its content will be reviewed in this webinar.
This 1-Hour Webinar Covers:
- History/Timeline
- Review of the Code
- Key Points for Lenders
- Common Questions/Concerns Addressed
- Latest Changes
Who Should Attend:
This class will give an underwriter, processor, manager, quality control personnel or anyone who deals with home valuation an excellent overview and understanding of how the code works.
Presenter:
J.T. Turner has over 26 years of experience in the lending industry. He has worked as a trainer for the past 20 years, in areas of lending, underwriting, origination, quality control, and personal growth. He is a seminar leader for the Center for Financial Training, a member of the Franklin Speakers Bureau, and past member of the National Speakers Association. J.T. is also a professional actor, with credits in film, TV, radio and on the stage.
|
