View_Video_Introduction 
Printable_BrochureThe new Regulation Z rules are the Federal Reserve Board's response to the sub-prime mortgage lending crisis. But make no mistake about it, the new rules impact all lenders not just those who engaged in sub-prime lending practices. The new rules are designed to prevent certain abusive practices related to loan origination.
> Upon completion of the program participants will understand:
- The requirement for all lenders to escrow for taxes and insurance on certain loans;
- New restrictions of the use of short-term (three- and five-year) balloon loans;
- The new required method for calculating a debt-to-income ratio;
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and New restrictions of prepayment penalties.
Workshop Resources: This program explains the rules for the new higher-priced mortgage loans and how such the rules impact your institution. Program participants receive a detailed manual accompanied by a 1 hour 16 minute video webcast, that provides a thorough explanation of the new rules.
Expected Audience: The program is designed for compliance officers, mortgage loan officers, loan originators and others involved in mortgage lending.
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Speaker: Jack Holzknecht, is a principal with Pegasus Educational Services, LLC, a training firm headquartered in Louisville, Kentucky. He is an experienced consultant who has provided training to thousands of bankers and examiners for twenty-eight years. He has the ability to identify the key compliance issues from each regulation. Jack's career began in 1976 as a federal bank examiner. He later headed the form and software and education divisions of a regional consulting company. |
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