If you're still on the fence deciding to attend the 2009 ALTA Annual Convention, being held Oct. 21-24 at the Breakers in Palm Beach, Fla., the session Beyond the Forms: The RESPA 2.0 Business Model, should give you enough incentive to attend.
HUD has issued guidance in the form of 34 pages of Frequently Asked Questions to assist title agents in complying with the rule, but several questions remain and agents need help deciphering the rules to the new GFE and HUD-1 forms.
- Does a settlement agent have to stop the closing if a tolerance would be violated?
- If the lender cures the violation within the 30-day right-to-cure period who send the borrower the reimbursement? Who prepares the revised HUD-1?
- If state law requires further itemization of loan originator fees, how should these fees be listed on the HUD-1?
Mary Schuster of RamQuest and Chris Christensen of Peirson Patterson Law Firm will dig deeper into the new disclosures and provide answers to help title agents prepare their operations for the Jan. 1, 2010 implementation deadline.
This session will help you:
- determine the impact of the final RESPA rule on your business
- understand how the new disclosures work
- learn how current processes will change
- learn how to train employees to comply with the new requirements
- examine how to create new sales methods, enhance customer relationships and ensure profitability
Title and settlement providers face a host of changes in a post-RESPA world. Old models and methods won't serve you well in the marketplace of tomorrow. This is just one of many can't-miss sessions that will help position your operation for success in 2010.
Save if you register by Sept. 25 Register today!
CE/CLE credits also are available in many states. Click here to see what credits are available in your state.
Take a look at the ALTA Annual Convention Registration Brochure online.
For additional information please contact the Meetings Department, by e-mail at firstname.lastname@example.org or by phone at 202-261-2942.