Mortgage Loan Origination: Critical Timing Requirements

Meeting critical timing requirements is essential during mortgage loan origination.  Have you second guessed whether the document’s delivery date is based on business days or calendar days?  Do Saturdays count?  Is today Day One, or is it tomorrow?  In some cases, disclosures can only be provided so far in advance of a triggering event, while other documents must be provided so many days after an event. 

Compilation of a compliant loan file can be so confusing!  The process is definitely dependent upon understanding the numerous timing requirements that go beyond those required by TRID.  This webinar will take a deep dive into the critical loan compliance timing constraints related to the delivery and receipt of mortgage loan documents during the origination process.  Understanding how to create a sequentially dated mortgage loan file will ensure you are better prepared for the next examination or compliance review!