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Banker's Academy Updates Focus on Compliance for Credit Unions to Include Recent RESPA Amendments
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Banker s Academy Updates Focus on Compliance for Credit Unions to Include Recent
RESPA Amendments
Edcomm Banker s Academy has recently updated Focus on Compliance for Credit Unions
to include the new amendments to the RESPA.
New York,...
[Plus]
Banker s Academy Updates Focus on Compliance for Credit Unions to Include Recent
RESPA Amendments
Edcomm Banker s Academy has recently updated Focus on Compliance for Credit Unions
to include the new amendments to the RESPA.
New York, NY, August 28, 2009 -- Edcomm Banker s Academy has recently updated Focus
on Compliance for Credit Unions to include the new amendments to the Real Estate
Settlement Procedures Act (RESPA).
The Focus on RESPA and Required Disclosures
topic of the Real Estate Settlement Procedures Act (RESPA) module of Focus on
Compliance for Credit Unions has been revised as part of Edcomm Banker s Academy
commitment to providing the most up-to-date financial services information.
According to the new amendments under RESPA, mortgage brokers and lenders are
required to use a new Good Faith Estimate (GFE) form, revised HUD-1 and HUD-1A
Settlement Statements and a revised Special Information Booklet by January 1, 2010.
The amendments also require more timely and effecti
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