CNJCG Seminar – Lending Compliance Update

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Date: Wednesday, February 28, 2018 | 9:00 AM - 11:00 AM

Venue: Mercadien’s Offices, 3625 Quakerbridge Road

Hamilton, NJ 08619 United States

Description: In August 2016, the CFPB issued a final rule that clarified, revised and amended several provisions in the 2013 Mortgage Servicing Rules. These provisions included requirements regarding force-placed insurance notices, early intervention and loss mitigation under Regulation X servicing provisions; and prompt crediting and periodic statements under Regulation Z servicing provisions. The final rule also addressed servicing requirements when a person is potential or confirmed successor in interest, is a debtor in bankruptcy, or has sent a cease communication request under the Fair Debt Collection Practices Act.

Join us at this complimentary seminar and learn to:
• Analyze the new NJ Dept. of Banking mortgage application form
• Understand successor in interest and periodic statements for borrowers
in bankruptcy provisions that go into effect April 19, 2018
• Assess existing servicing provisions and compliance requirements
• Evaluate impact of prepayment of real estate taxed as a
result of new tax code on servicing

1.5 CPE credits in Specialized Knowledge are offered at this free, group-live seminar. Program level – basic. No advance preparation or prerequisites required.

Presenter: Raji Sathappan, MBA, CRCM, CAMS, Director, & Matthew Fins, CAMS, CRCM, Supervisor, of Mercadien’s Financial Institutions Services Group

Refund/Cancellation Policy: Since this program will be presented free of charge, there will be no refunds issued.  For more information regarding complaint and/or program cancellation policies, please contact our office at 609-689-9700.

Please note: Attendance may be limited. If you have any questions or would like more information about this event, contact us by emailing or calling 609-689-9700.