1. Compliance Requirements For ARM Loans

Compliance Requirements For ARM Loans

$129.00
Regulatory compliance counsel Michael Christians will provide an in-depth analysis of adjustable-rate mortgage requirements, including highlighting pandemic-induced changes. You will learn how to ensure your financial institution’s compliance.
Event ID: 2639480
Recording: Unable to attend? A recording will be available after the presentation.
Date: Friday, September 18, 2020; 2 PM Eastern
Duration: Scheduled for 60 minutes including question and answer period.
Presenter: Michael R. Christians

Compliance Requirements For ARM Loans

There are several compliance requirements under federal law specific to adjustable-rate mortgage (ARM) loans. The COVID-19 pandemic has introduced new government rules and greater uncertainty for lending. You need to understand the details, set policies, and follow appropriate procedures to avoid penalties.

  • What additional application disclosures are required for ARM loans?
  • How should you handle rate adjustment notices?
  • How can you prepare for the discontinuation of the LIBOR index?

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