Real Estate Settlement Procedures Act
Course Catalog | Registration
Real Estate Settlement Procedures Act (RESPA) helps students identify activities, disclosures, and specific job responsibilities that are required by RESPA, one of the many consumer protection laws that govern financial institutions and mortgage lenders. After an overview of the history of the law, its purpose, and the extent of its coverage, the course identifies the eight RESPA disclosures required at different stages of the home buying process and provides examples of each form. This course explains how bankers can protect themselves, their financial services institution, and most importantly, the consumers they assist in the home buying process. REVIEW:2009
| Price |
$130 Nonmembers / $95 Members |
| ABA Frontline Compliance |
This course is available to ABA Member banks at no cost under a license agreement. Learn more. |
| Course Credits |
AIB: 0.25 ; ICB: 1.25 CPB |
| Prerequisites |
None |
| Required Software |
None |
| Optional Software |
Adobe Acrobat Reader and RealPlayer |
Audience
Bank personnel involved in the lending process, including mortgage, consumer and small business lenders, loan processors and loan servicers.
Learning Objectives
After completing this course, students will be able to:
- Identify the disclosures associated with the home buying process
- Describe RESPA related escrow account procedures
Questions? Please contact training@aba.com for more information.
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