| Jan. 1, 2010, and the required use of the new HUD-1 Settlement Statement form have come and gone. New relationships and big changes are in store for all parties involved, but especially agents and lenders. What are each doing to make sure they’re RESPA-ready? How are they preparing to work closer than ever before?
Join our outstanding line-up of industry experts for Transitioning to the New HUD-1 and sit in on a roundtable conversation.
Here are just some of the questions you’ll hear answered:
- Once lenders start transmitting information to title agents via the new GFE, how will this affect operations? How will agents verify this info?
- Under the final rule, what lender pressure points will title agents need to understand and accommodate?
- How will technology and workflow processes change for title agents?
- What level of service will lenders expect from the title and settlement services side?
- Will the new process take more time? How will technology solutions ease the transition?
- How will turnaround be affected? Is there the possibility that lenders take business to larger national underwriters before smaller agencies?
- What are the protocols for staying compliant with GFE tolerances? How do title agents verify compliance and who is responsible for ‘curing’ problems?
- What kind of review process should closing agents set up to make sure procedures are being followed?
Meet Our Expert Panelists:
Leslie Wyatt
Product Manager
SoftPro
Lisa Simmons
Product Manager
DHI Financial Services
A Division of D.R. Horton, Inc.
Kevin M. Breeland
General Manager
Residential Mortgage of South Carolina
Thomas W. Cronkright II
Owner & Chief Executive Officer
Sun Title Agency |
