$997 First Registration (Free when you purchase Boot Camp 360)

$697 Each Additional Registration by calling FIC 210-493-1761

OR receive one FREE Registration when you enroll in "Boot Camp 360!" for only $2197 which includes 24 Training Presentations immediately available to your entire staff for one-full year!

2020 FIC 3-Day Workshop

September 2020 – San Antonio, TX

Embassy Suites Riverwalk

125 E. Houston Street - San Antonio, TX  78205 - 210.226.9000

Room Block

Rate includes Cook to Order Breakfast (6a-10a) 

Registration is limited to the first 100 so if you are planning to attend, you must act now to guarantee your registration!

Agenda

8:30am - Registration - Meeting Room will have beverages only.  Full Cook to Order Breakfast is included with every room reservation 6am - 10am

DAY 1 

9:00am - 10:30am – Re-Designed URLA Mortgage Application - 1003

Kimberly Lundquist - FIC Conferences & Cherise Riley – CLR Mortgage Services

Are you ready to implement the newly redesigned Uniform Residential Loan Application Fannie Mae 1003/Freddie Mac 65?  Your software provider is probably already sending you updates for the new Application form.  The target date for Lenders to begin using the newly revised URLA has been extended from July 1, 2019 but it looks like the GSE Mandatory Deadline will still be February 2020.  Does your software accommodate the new form?  We will take you step by step through the application and the application process.Do you wish there was a short recording on how to properly request, collect and document the demographic information during the interview process without having to constantly retrain your staff?  As a special bonus, we will provide you access to a mini-presentation on this very subject once you attend the 3-Day Workshop.  If you are not planning to implement the new URLA, do you have to report to collect and report to HMDA?  Is the application you are using adequate & efficient to easily accommodate your HMDA responsibilities?  Maybe we can help!It is during the application stage that the appropriate government monitoring information be requested for both ECOA/Reg B and HMDA purposes.

                10:30am  – 10:45am Break

10:45am – 12:00noon - Action Taken - Pre-Application & Application

Kimberly Lundquist - FIC Conferences

Pre-Application & Application Procedures – Discussions of Actions Taken such as Withdrawns, Incompletes, Counter Offers vs Counseling, Approved but not Accepted, Files Closed for Incompleteness vs Denied for Incompleteness, What are defined as Denials under HMDA & ECOA - Conditional Approvals and how they shoudl be reported – Government Monitoring Information – Application defined by ECOA & HMDA vs TRID. 

                12noon  – 1:00pm Luncheon

1:00pm - 2:30pm – Closing Packages & Trouble Shooting (including Construction Permanent Lending) 

 Matt Filpi, Attorney – ppdocs, inc. powered by peirsonpatterson,llp

During the beginning stages of the loan process we often make decisions that will affect the Closing Disclosure, for example; using the standard LE means we must use the standard CD even in the case of a transaction where no seller is involved and the alternate CD would be easier (& vice versa).  Let’s trouble-shoot the process with Matt to discuss common mistakes and misunderstandings, especially when it comes to the closing packages on more complicated loans like ARMs, Construction and Construction/Perm loans.  We are still seeing TRID challenges especially in the closing packages!         

2:45pm - 3:45pm - Texas Two Step!

Shannon Phillips & Matt Filpi – ppdocs, inc. powered by peirsonpatterson, llp

Whether you are offering Texas Home Equity, Home Improvement or Construction lending in Texas, it can be very challenging & confusing due to Texas homestead, the Texas Constitution and  Community Property laws.  These guys conquer the toughest situations on a daily basis when it comes to successfully closing these types of loans in Texas.  Through their insight you may learn what to do before you are faced with potential violations or risk having an invalid lien.

You are free to enjoy your Evening!

DAY 2
 

9:00am - 10:30am - What's new in Flood Compliance?

Doug Winkler & Michael Martinez - AFR ServicesDoug Winkler & Michael Martinez - AFR Services

These guys always bring us the latest on the Flood front! The regulatory requirements for private flood insurance have been undergoing changes since the Biggert-Waters Flood Insurance Reform Act (Biggert-Waters Act) in 2012. Finally, the Agencies have published a final rule implementing the private flood insurance rules, effective July 1, 2019. We will cover the amended rules and sample forms provided as a result of the final rules.  We will confirm the foundations of the Flood Insurance requirements for lenders as well as discuss escrows and force placement insurance. Flood Insurance rules with respect to mandatory escrowing of flood insurance premiums, subject to certain exemptions is required. Clarifications have been provided concerning force placed flood insurance whether an escrow account is established or not.

                  10:30am - 10:45am Break

10:45am - 12noon - Field Guide to Underwriting 

Michael Whitbeck - Uberwriter

Tips for Loan Originators, Processors, & Underwriters to help increase your number of approved loans by truly understanding the ins and outs of the guidelines. This session will better equip you  in complicated underwriting challenges, such as underwriting self-employed borrowers. Over the years one objection we often hear “Self Employed income is too hard to figure out”.  While I agree that without training, looking through a tax returns can seem daunting, but we have the Easy Button solution for you.

                  12noon – 1:00pm Luncheon

1:00pm - 2:30pm – PULL TOGETHER - NOW OR NEVER - GO TEAM GO!

Cherise Riley – CLR Mortgage Services & Kimberly Lundquist - FIC Conferences

Using Actual redacted loan files including all essential documentation like tax bills, insurance, HOA, appraisal/evaluation, title report, title insurance, paystubs/W2 info (for income calculations) etc…Basically each team will have to go through each step of the loan from start to finish and originate, process, underwrite, approve or deny.  If denied, reason(s) for denial. We will break up into teams with each group having a designated Borrower, Loan Officer, Processor, Underwriter, Closer/Funder, Servicer.  Let the Games Begin!
                   2:30pm – 2:45pm Break

2:45pm - 3:45pm –  Cheerleading from the Pep Squad!

Cherise Riley – CLR Mortgage Services & Kimberly Lundquist - FIC Conferences

Along the way we’ll have refreshers on What is and what is not Finance Charge – Latest Update on ATR & QM’s, HPML’s, Right of Rescission…and more!Timing & Tolerance rules and limitations on TRID Disclosures -  “Written List of Service Providers?” Estimating Escrows - Revised Loan Estimates - How do you document “changed circumstances” to retain for 3 years? Are you re-disclosing the LE even if you have not exceeded tolerances? Are you allowing waivers of time limitations and waiting periods? Providing applicants with conditional approval requirements before LE? Zero & 10% Tolerance Limits - Revised Closing Disclosure When must there be a new 3 day waiting period for corrected CD’s? Seller Closing Disclosure - Which definition of business day you should follow for disclosures? Charging fees… What is allowable & prohibited? Violations, Cures and Restitution… What exactly should be included in a property evaluation in order for it to be compliance with the regulatory requirements?  We will provide you with the latest interagency guidelines and FAQ’s to confirm we are all on the same page when it comes to Guidelines for Property Evaluations & Appraisals.

You are free to enjoy the evening!

DAY 3

9:00am - 10:30am – Best Servicing Practices - Digging Deeper

 Cherise Riley – CLR Mortgage Services

The Fair Debt Collections Practices Act was enacted in 1978. Recently, a 530 plus page proposal was published in the Federal Register on May 21, 2019, and it is the first substantive modification to update the applicability of this old law. The CFPB sees debt collection as its number one complaint issue based on the volume of complaints from 2015 to 2018 – so obviously the servicing issues have become an important topic of discussion.         

                  10:30am – 10:45am Break


10:45am – 12noon – HMDA & Fair Lending Issues - Operations & Compliance

Kimberly Lundquist - FIC Conferences & Cherise Riley – CLR Mortgage Services

Basic Fundamentals of HMDA will be covered and we will specifically address the implementation of the latest changes, including newly proposed rule to amend Regulation C.  The proposed rule change would apply to institutions with a home office or branch in an MSA with assets in excess of $46 million as of December 31, 2018.

It proposes:

(i) two alternatives to increase the threshold for reporting data about closed-end mortgage loans so that institutions originating fewer than either 50 closed end mortgage loans, or alternatively 100 closed-end mortgage loans, in either of the two preceding calendar years would not have to report such data as of January 1, 2020;

(ii) to adjust the threshold for reporting data about open-end lines of credit by extending to January 1, 2022, the current temporary threshold of 500 open-end lines of credit and setting the threshold at 200 open-end lines of credit upon the expiration of the proposed extension of the temporary threshold;

(iii) to incorporate into Regulation C the interpretations and procedures from the interpretive and procedural rule that the CFPB issued on August 31, 2018; and

(iv) to implement further section 104(a) of the Economic Growth, Regulatory Relief, and Consumer Protection Act.

This will make final the partial exemptions and clarify the reporting required under 2018 amendments adopted under the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA). The exemptions provide covered institutions the option of reporting exempt data fields as long as they report all data fields within any exempt data point for which they report data; clarify that only loans and lines of credit that are otherwise HMDA reportable count toward the thresholds for the partial exemptions; clarify which of the data points in Regulation C are covered by the partial exemptions; designate a non-universal loan identifier for partially exempt transactions for institutions that choose not to report a universal loan identifier; and clarify the exception to the partial exemptions for insured depository institutions with less than satisfactory examination histories under the Community Reinvestment Act of 1977 (CRA). These changes would become effective on January 1, 2020.   

 Any Question is Fair Game!

Adjournment

 Who Should Attend?

Anyone involved in Loan Origination, Application, Loan Processing, Closing, Underwriting, Auditing, Quality Control and/or Servicing of Real Estate loans will find this workshop to be a valuable tool and a worthwhile investment. The sessions provide you with confidence by reaffirming your lending procedures. Often times these sessions will not only help those who are new to mortgage lending, it will also fill in the blanks for those in underwriting, loan review and quality control.
  
Cancellation Policy

If you find it necessary to cancel, there is NO PENALTY FOR CANCELLATION if you cancel before 12noon on August 2nd. Cancellations after this time may be credited to future trainings, webinars, products or services, less a $200 administration fee. If you are ready to build a strong foundation, without wasting your time, we invite you to attend.
  
Guarantee

Your complete satisfaction with every FIC conference is fully GUARANTEED! If for any reason, you feel you do not receive the educational benefit you need from our trainings, 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 Lending & Compliance!
  
Continuing Education

In efforts to pursue continuing education accreditation of the FIC Real Estate Compliance & Residential Lending Conferences, we have found that each entity has it's 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.  We provide Certificates of Completion listing classroom hours, for your convenience in illustrating continuing education efforts to your auditors and examiners.