vip executive advisor information for mortgage lending decision makers countdown to the tila–respa...
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VIP Executive AdvisorInformation for Mortgage Lending Decision Makers
Countdown to the
TILA–RESPA Integrated Disclosure RuleA Readiness Roadmap for Executives Tuesday, March 31, 2015
Presented by
Ginger Bell Education SpecialistStrategic Compliance Partners
Countdown to the TILA-RESPA Integrated Disclosure Rule © 2015 Vantage Production, LLC.
VIP Executive AdvisorInformation for Mortgage Lending Decision Makers
Welcome and Introduction
Sue WoodardCEO and PresidentVantage Production
Ginger BellEducation Specialist
Strategic Compliance Partners
Countdown to the TILA-RESPA Integrated Disclosure Rule © 2015 Vantage Production, LLC.
VIP Executive AdvisorInformation for Mortgage Lending Decision Makers
To dial in To ask questions
If you can’t hear us, please call the number on your invitation email or dashboard. We’re using a phone line, not mic & speakers.
Housekeeping
Countdown to the TILA-RESPA Integrated Disclosure Rule © 2015 Vantage Production, LLC.
VIP Executive AdvisorInformation for Mortgage Lending Decision Makers
Today’s Agenda What executives should be monitoring The role of your compliance officer Elements of a thorough implementation plan
• Loan products, sales channels, departments and teams• Implementation milestones• Business process review and gap analysis• Technology audit—systems, software and hardware• Third-party service providers• Employee training• Referral partner communications• Employee and partner communications
Readiness Assessment Calendar Post-implementation Monitoring Leveraging the TRID to grow relationships Q & A
Countdown to the TILA-RESPA Integrated Disclosure Rule © 2015 Vantage Production, LLC.
VIP Executive AdvisorInformation for Mortgage Lending Decision Makers
Ginger Bell is a the best-selling author of “Cracking the Success Code”, co-authored with Brian Tracy. She has designed, developed and lead the creation of several national training programs in the mortgage banking industry.
A previous Dale Carnegie Training Consultant, Ginger also oversees compliance training for Strategic Compliance Partners who works closely with Vantage Production to deliver comprehensive compliance training.
Introduction
Ginger BellEducation SpecialistStrategic Compliance Partners
Countdown to the TILA-RESPA Integrated Disclosure Rule © 2015 Vantage Production, LLC.
VIP Executive AdvisorInformation for Mortgage Lending Decision Makers
As always, Webinar replay and PPT, plus:
6 TRID Tips for Realtors Handout TRID Compliance Milestones Chart Implementation Toolkit Detailed Implementation Worksheet
Will be posted on www.vipexecutiveadvisor.com by the end of this week.
All registrants will receive an email with details.
Webinar Giveaways
Countdown to the TILA-RESPA Integrated Disclosure Rule © 2015 Vantage Production, LLC.
VIP Executive AdvisorInformation for Mortgage Lending Decision Makers
What Executives Should be Monitoring
Technology and systems Operations and workflows Training and education Liability
Countdown to the TILA-RESPA Integrated Disclosure Rule © 2015 Vantage Production, LLC.
VIP Executive AdvisorInformation for Mortgage Lending Decision Makers
The Role of Your Compliance Officer
Project Manager• What products, processes, and systems will be impacted in
your institution?
• How did you handle your last regulatory change?– What went well? What didn’t?
• What you learned from the past can help you build a more effective implementation plan
Countdown to the TILA-RESPA Integrated Disclosure Rule © 2015 Vantage Production, LLC.
VIP Executive AdvisorInformation for Mortgage Lending Decision Makers
Elements of a Solid Implementation Plan Loan products, sales channels, departments and teams Implementation milestones Business process review and gap analysis Technology audit—systems, software and hardware Third-party service providers Employee training Referral partner communications Employee and partner communications
Countdown to the TILA-RESPA Integrated Disclosure Rule © 2015 Vantage Production, LLC.
VIP Executive AdvisorInformation for Mortgage Lending Decision Makers
Readiness Assessment Calendar
Countdown to the TILA-RESPA Integrated Disclosure Rule © 2015 Vantage Production, LLC.
VIP Executive AdvisorInformation for Mortgage Lending Decision Makers
Post-implementation Monitoring
Tracking system• Monitor dates and timelines• Meet to discuss issues• Address, correct and resolve
Countdown to the TILA-RESPA Integrated Disclosure Rule © 2015 Vantage Production, LLC.
VIP Executive AdvisorInformation for Mortgage Lending Decision Makers
Leveraging the Rule to Grow Relationships
Train and educate real estate partners• Emails• Phone calls• Educational workshops• One-on-one meetings
Countdown to the TILA-RESPA Integrated Disclosure Rule © 2015 Vantage Production, LLC.
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VIP Executive AdvisorInformation for Mortgage Lending Decision Makers
Q & A
Countdown to the TILA-RESPA Integrated Disclosure Rule © 2015 Vantage Production, LLC.
More Questions?Strategic Compliance Partners is here to help.
Contact Leslie BenjaminVP Business Development
301.691.1300www.strategiccompliancepartners.com
VIP Executive AdvisorInformation for Mortgage Lending Decision Makers
Want to learn more? Call (800) 963-1900 or visit vipexecutiveadvisor.com
Thank you for attending Countdown to the TILA–RESPA Integrated Disclosure RuleMarch 31, 2015Ginger Bell, Education SpecialistStrategic Compliance Partners