Consumer Real Estate Loans: Step-by-Step

There is perhaps no product or service at your institution that is “touched” by more regulatory requirements than a consumer real estate loan. From the first discussions with the consumer to the application to the closing table, rules are in place guiding each stage of the loan process.  With so many regulations governing consumer loan compliance, what exactly should you be looking for?

In this session we will walk through an example consumer real estate loan from application to closing. We will discuss the regulatory issues that impact the loan, your institution, and your borrower at each stage, and how to document compliance. In addition, we will highlight the issues examiners are citing most often and share best practices for how to prepare your files for your next exam and how to avoid costly errors.