Just When You Thought You Understood the Modern Real Estate Lending Program…
Look Out! Just when you thought you understood the risks and requirements associated with a modern real estate lending program, here comes another sweeping regulatory mandate designed to address problems in the mortgage marketplace.
The Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act), constitutes a major new housing law that will impact both federal and state chartered credit unions as well as CUSO’s that originate real estate loans. The SAFE Act is designed to enhance consumer protection and reduce fraud by requiring states to establish minimum standards for the licensing and registration of mortgage loan originators.
Speaker David Reed is an author, consultant, and nationally recognized speaker. He received his undergraduate degree from Virginia Tech in 1986 and his Juris Doctorate from George Mason University School of Law in 1989.
This session will be held on Tuesday, April 2, 2013
10:00 a.m. – 11:00 a.m. CT 9:00 a.m. - 10:00 a.m. MT
For more information or to register, click here.
Registration deadline is Tuesday, March 26, 2013.