Real Estate Settlement Procedures Act (Regulation X)
About This Course
Course Overview: This course is designed to introduce financial institution employees to the comprehensive requirements of the Real Estate Settlement Procedures Act (RESPA).
Learning Objectives:
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Understand the principles of the Real Estate Settlement Procedures Act
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Be able to determine accurate timing for the required disclosures
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Acknowledge the provisions for escrow accounts
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Be aware of the prohibitions against kickbacks and unearned fees
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Understand the more detailed mortgage servicing requirements
Audience: Customer Service Representatives, Lending Staff, Management
Length of Course: This course takes approximately 90 minutes to complete.
*This course does NOT qualify, nor meet the National Standard for NASBA accreditation.
This course is covered under team memberships.
See Team Memberships