Wolters Kluwer Financial Services | Banking Compliance Solutions

RESPA:  Preparing the NEW Good Faith Estimate (GFE)

On November 17, 2008, The Department of Housing and Urban Development (HUD) issued a final rule under the Real Estate Settlement Procedures Act (RESPA) to simplify and improve the process of obtaining home mortgages and to reduce settlement costs for consumers. As part of this change, organizations will be required to use a standardized Good Faith Estimate (GFE) by January 1, 2010.

Wolters Kluwer Financial Services is providing an informative recorded, online training webinar that will provide an in-depth review of the new GFE and how to prepare the new document.

The webinar will help you:

  • Differentiate between the current GFE and the new GFE documents
  • Understand new GFE terminology and characteristics
  • Define the term “application” and understand what triggers the need for a GFE
  • Understand how to prepare the new GFE
  • Discuss best practices for completing the new GFE
  • Understand the impact of the new document on current policies and procedures

Register below for our 60-minute “RESPA:  Preparing the new GFE” webinar. Cost is $219, unlimited views will be granted for 30 days. Test your system before purchase.

If you would prefer to order the webinar on CD, please click here to have your sales representative contact you.

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