CE: Payoff Statement Requirements for Servicers

Member Price: $0.00

Nonmember Price: $79.00

Product Code: DL2-011447-WC-W

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Live webinar held on May 8, 2019.

Summary:

Join this MBA Compliance Essentials webinar to learn about mortgage payoff statement requirements. One consistent struggle faced by the mortgage servicing industry is the prevalence of conflicting state laws that address payoff statements. Hear from leading legal experts as they address the different state provisions, the steps your company needs to be taking now to ensure adequate compliance, and the tools MBA has developed in partnership with legal experts to help your company comply. This interactive webinar will be a great opportunity to get your question's answered and hear from your peers.

Objectives:

By attending this comprehensive overview you will learn about:
  • Whether a servicer can charge a fee for providing a payoff statement
  • Whether there are timing requirements for providing a payoff statement
  • Persons entitled to receive a payoff statement
  • Content requirements governing payoff statements
  • Whether amended payoff statements are permitted
  • The manner in which a payoff statement must be provided
  • Content requirements for requests to receive payoff statements

Speakers:

  • John M. Harrelson, Corporate Legal Counsel, BBVA Compass
  • J. Riley Key, Associate, Bradley Arant Boult Cummings LLP

Who Should Attend?

  • Servicing Compliance Managers and Staff
  • Operations Personnel
  • Internal Audit Staff
  • In-House Counsel
  • Legal

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