As part of its Residential Mortgage Lender Certificate, ABA today launched two new online courses on preparing the required TILA-RESPA integrated disclosures. The new courses — Preparing the Loan Estimate and Preparing the Closing Disclosure — are part of the 18-course sequence toward the certificate. ABA also added a free pre-information course on TRID.
“Our expanded mortgage lending curriculum will be a tremendous asset to bankers as they work to implement the complex TRID rule,” said ABA EVP Jim Edrington. “Mortgage lending remains a core product for most banks, which must continue finding ways to exceed customer expectations in an increasingly competitive marketplace.”
The ABA Residential Mortgage Lender Certificate is designed for aspiring mortgage lenders and bankers new to the mortgage area of the bank, including mortgage loan clerks, loan processors and closers — providing the fundamentals of banking, credit analysis and legal principles that support the mortgage process.