RC_RC_GO_100.1 Introduction to Regulatory Compliance
The Introduction to Regulatory Compliance course introduces foundational information that a regulatory compliance professional needs to be successful in his or her role in a mortgage lender's compliance function.
The course discusses the compliance function and day-to-day responsibilities of the regulatory compliance group within a mortgage lending operation. Next, the course defines the legal terms used in regulatory compliance, such as law, statute, regulation, rulemaking, and more. It explains how regulations are created and identifies the key regulatory agencies. The course concludes by identifying the main categories of issues regulated by mortgage lending laws and presenting useful regulatory compliance resources.
This is a single-family/residential course.
Seat time approximately 3.5 hours.