Mortech to Offer Free AllRegs Training Program – NMP Skip to main content

Mortech to Offer Free AllRegs Training Program

Apr 16, 2013

Mortech Inc. has announced that, through its exclusive partnership with AllRegs, the company will be offering “HUD’s Final Rule on Fair Lending and Disparate Impact,” a special audio training course from AllRegs Academy, to Marksman users at no cost on Friday, April 19 from 2:00 p.m.-3:30 p.m. EDT. “Our exclusive partnership with AllRegs not only makes us the only Product and Pricing Engine with access to its Lender Library of loan product data, but it also allows our clients to benefit from AllRegs Academy,” said Don Kracl, vice president of Mortgage Tools for Zillow. “This quarter’s program will provide need-to-know compliance information including HUD’s three-part legal test to help borrowers and lenders determine whether a particular lending practice is discriminatory.” On Feb. 8, HUD announced that it is issuing a final rule to formalize a national standard for determining when a housing practice violates the Fair Housing Act as a result of discriminatory effect. AllRegs Academy’s audio course will review the final rule and discuss in detail the new guidelines published by HUD. The program will provide an introduction to the rule, guidelines on implementation as well as best practices for compliance. At the end of the course, participants will be able to: ► Discuss the purpose of the final rule ► Recognize the components of the three-part legal test ► Identify disparate impact ► Understand the requirements for fair lending policies and procedures as they relate to disparate impact
About the author
Published
Apr 16, 2013
MISMO Updates Business Glossary To Support AI, eMortgages

New definitions covering eHELOCs, remote online notarization, valuation modernization, and compliance initiatives aim to improve consistency

Underwriters Don’t Slow Down Loans. They Eliminate Uncertainty.

ndustry’s biggest bottleneck is not underwriting itself — it is the uncertainty that reaches underwriting too late in the process. When validation happens upstream, speed follows naturally.

MISMO Launches AI Governance Framework For Mortgage Lenders

New FRAME toolkit gives lenders, servicers, and technology providers a roadmap for managing AI risk while supporting innovation

CFPB Tells Lenders Immigration Status Can Factor Into ATR Analysis

CFPB frames immigration status as a potential ability-to-repay factor when future U.S.-based income is at risk

UAD 3.6 Deadline Nears; First American Earns Verification

First American's ACI Sky Workbench gains verification ahead of the Nov. 2 implementation date for the GSEs' updated appraisal reporting requirements

MISMO Introduces New Loan Boarding Standard

Wrapper Files support standardized data transfers between origination and servicing systems, with potential savings of $60 to $160 per loan