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2022 Concierge Connection powered by Alliance Academy @$397/hr Custom Private Training @ $397 per hour

CUSTOM PRIVATE TRAINING! - $397 per hour! ...Learn More
$397.00 each Out of stock

  • Description

CONCIERGE CONNECTION - Customize your Private Training to fit your Needs $397 - Live & Interactive Webcast then Recorded & Archived for 6 months!


Here’s the deal, if you are spending all of your precious time…

…doing your own job wearing several different hats
…going to work early
…staying too late
…overseeing others
…constantly having to learn new changing regulations
…implementing procedures
…admining software changes
and training new staff!

Short of cloning yourself, you need a magic wand!


Attend (Unlimited Connections) & Access Recorded PresentationWe give you the support you need for your specially designed training and it's available to your entire institution! Once the live webcast has been completed, we provide you with access to a recorded and archived version for a full 6 months!

Do you finally have new lenders, processors, underwriters, compliance officers, or any new staff, but no time to train them? Did you know that on a National scale the average age of a loan officer is 55 years old? What is your plan B when they retire? We can help! Isn’t it time you let us provide practical & simplified training that you can depend on, at a substantial savings you can’t afford to pass up?

Some are hiring seasoned lenders for immediate relief and some are recognizing talent from within and growing their own. Either way, when business is slammed there is no time to train and when business is slow, there is no need for new talent, let alone training!

Compliance has become a totally integrated part of the Residential Real Estate Lending Process, like the music and the lyrics of a song! 

Our skilled and accomplished team leader,  has meticulously crafted this comprehensive streamlined training. Never before have we seen Underwriting Guidelines incorporated into Federal Regulations! Regulation Z has big teeth and can reach far into our pockets! The civil money penalties will be steep and the violations will be many!

Are you and your staff ready? Let’s be honest, it’s hard enough to do your own job without having to worry about training someone else. We’ve got your back!

Our comprehensive training can be designed to fit the needs of everyone involved in Real Estate Lending. Those who are brand new to Compliance or residential home loans whether it be Home Equity, Purchase Money or Refinance Transactions, can benefit from customized training. These sessions can help to fill in the blanks for those in underwriting, loan review and quality control. Anyone involved in Loan Origination, the Application, Loan Processing, Closing, Underwriting, Auditing, Quality Control and/or Servicing of Real Estate loans can use tailor this training to be a valuable tool and a worthwhile investment.

Here are some subjects you might want to consider...

Live Webcasts

Let's Start @ the Beginning!

Definitions & Terms
Getting to Know the Process – Origination to Closing
CFPB Tools & Resources

Texas Home Equity Lending

 Basics Terms & Provisions
Texas Home Equity Update
Official Interpretations – Effective March 29, 2018
Violations – Curable & Not Curable
State & Federal Disclosures to Applicants
Affidavits & Agreements

Pre-Application & Application Overview

Interviewing the Loan Applicant
Collection of Demographic Information
Forms & Procedures – Re-Designed URLA Fannie Mae 1003

Check the Sales Contract
Gather & Update Paperwork
Loan Options & Qualification Requirements

Initial Disclosure Timing & Procedures

Homeownership Counseling List & Information
“Your Home Loan Tool Kit”
Optional Written Estimates Provided Prior to Loan Estimate
ARM Program Disclosure & “CHARM” Booklet

Affiliated Business Arrangement Disclosure

TRID – Loan Estimate Timing & Restrictions

Timing & Tolerance Rules & Limitations
Business Day Definitions
“Intent to Proceed”
Written List of Providers
Changed Circumstances Documentation & Retention
Allowing Waivers of Time Limitations
Actual Delivery vs Assumed Delivery
Re-disclosing even if you have not exceeded tolerances
Completing the Loan Estimate - Examples
Including Common Errors Found
Troubleshooting & Solutions

Evaluating Borrower Credit

Credit Report Review Checklist - CFPB
Identify & Investigate – Assets & Liabilities
Explanations of Credit Guidelines

Ordering Out - Preparing for Loan Underwriting

Check & Re-Check for all your puzzle pieces
Importance of Loan Notes & Explanations
Evaluate & Analyze Documentation

Action Taken

Pre-Application & Application Stages
Discussions of Actions Taken:
     Withdrawn or Incomplete
     Counteroffers vs Counseling
     Approved but not Accepted
     Files Closed for Incompleteness
     Denials for HMDA & ECOA
Government Monitoring/Demographic Information
Application defined by ECOA & HMDA vs TRID

HMDA Collection, Recording & Reporting

Who must comply with HMDA collection and reporting?
Do you provide Preapprovals or Prequals?
What loans must be reported?
Understanding the codes for the “Action Taken”
Using the Rate Spread Calculator 

Ability to Repay & Qualified Mortgages

Eight Minimum Standards of the Ability to Repay
General Qualified Mortgages 
Seasonal QM’s 
Small Creditor QM’s

New Qualified Mortgages

Regulation Z - Identifying Finance Charges & APR Calculations
Deep Dive into Regulation Z – Identifying Finance Charges, Checking the Amount Financed and Calculating APR 

HPMLs & High Cost Loans
Identifying Higher Priced Mortgage Loans and High Cost Loans
Using the Rate Spread Calculator
Meeting the requirements for Escrows and/or Appraisals
or allowing for exemptions

Appraisal & Valuation Compliance
Appraisal Independence
Disclosure Responsibilities
How to read an Appraisal

When is an Evaluation Sufficient & What should it Include?

Flood Foundations, Determinations & Disclosures

We will test to make sure applicable guidelines are being met for flood determinations and insurance requirements. In 2016 there were new Flood Insurance rules with respect to mandatory escrowing of flood insurance premiums, subject to certain exemptions. Clarifications have been provided concerning forced place flood insurance whether an escrow account is established or not. We will cover the foundations of the Flood Insurance requirements for lenders as well as the amended rules and sample forms provided as a result of the final rules.

Escrow Accounting Rules

The Aggregate Escrow Accounting rules mandated by RESPA effectively cover all Residential Real Estate Loans that have Escrow or Impound Accounts

Understanding Title

What is a Title Insurance Policy, the title report, title search, and title opinion? How do you recognize what title requirements must be satisfied in order to close? Preparing for closing and reviewing for items which must be cleared from the title.

Preparing for Closing & Final Disclosures

Preparing Loan Closing Instructions
Initial Escrow Account Statement (if applicable)
PMI Notice of Borrower Rights (if applicable)
HOEPA “High Cost Mortgage Disclosure” (if applicable)
Right of Rescission (if applicable)
Note or Promissory Note
Mortgage/Security Instrument

Closing Disclosure including Comparisons & Tolerance Cures
Comparisons of LE & CD
Re-Disclosure Rules & Restrictions
Most Common Errors
New 3 day waiting period for corrected CD’s
Allowing Waivers of Time Limitations
Violations, Cures and Restitution
Seller Closing Disclosure

Right of Rescission

Basic foundations of the Right to Cancel
Coverage & Exemptions
Sometimes we are not sure if the Right of Rescission applies
and sometimes we are not sure to whom it may apply
Disclosure Requirements, Timing & Violations

Section 8 Restrictions & Prohibitions

Referral Relationships/Kickbacks & Unearned Fees/Affiliated Business
Overview & discussion of Section 8 of RESPA which prohibits referral fees. It is one of the most critical sections of RESPA and many lenders involved in referral and/or broker relationships need to have better safeguards in the structure of providing goods, facilities or services in return for a fee.

Cancellation Policy

If you find it necessary to cancel, there is NO PENALTY FOR CANCELLATION; if you cancel before noon on Friday the calendar week prior to the scheduled webcast training.  If you cancel after that time, a credit will be held for the full amount which may be used for any future trainings, products or services. Bonus benefits and discounts will not be credited in the case of cancellation.


Your complete satisfaction with every FIC product or service is fully GUARANTEED! If for any reason, you feel you do not receive the educational benefit you need from our training, we will guarantee your money back! Our objective is to ensure that you receive a high-quality, effective training experience you need to stay one step ahead of the overwhelming task involved in keeping you abreast of regulatory changes in Real Estate Compliance!

Continuing Education

In efforts to pursue continuing education accreditation of the FIC Real Estate Compliance Conferences, we have found that each entity has its’ own criteria to be met. If there is a specific trade organization, State banking association, State Bar or CPA organization, etc. that you would like our assistance in getting continuing education accreditations, please let us know or send us information and instructions. Though in most cases we are unable to absorb the fees of these organizations, we will be happy to assist you in the approval process.