3 credits
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This course is a comprehensive discussion of the Real Estate Settlement Procedures Act and the new regulations promulgated by the Consumer Financial Protection Bureau. A detailed history of RESPA and other legislation that has led us to where we are today are included. The course covers servicing, escrow accounting, Notice of Error, Request for Information, Forced Placed Insurance, Loss Mitigation, Affiliated Business Arrangements, and Solicitation. It includes detailed sections on the new Loan Estimate and the new Closing Disclosure.Vince danziAbout the Presenter
Vincent Danzi
A title industry veteran, with more than 13 years in the business, Mr. Danzi is in charge of regulatory and compliance issues, as well as building out and growing the Agency’s high-end, luxury residential practice. Mr. Danzi was senior vice president and general counsel at Manhattan-based One Title National Guaranty Company where his focus was to establish and operate the newly-formed title insurance underwriter from initial application through the actual operation. He was responsible for drafting all operational forms, agreements, and company policies for both the title insurer and its exclusive title agency. Before his tenure at One Title, Mr. Danzi served as general counsel to Smithtown, Long Island-based Equity Settlement Services for nearly a decade.Mr. Danzi launched his career at Bohemia, Long Island-based-Nationwide Court Services, eventually ascending to the position of president and title officer of the company’s main title subsidiary, where he was responsible for the firm’s day-to-day activities.
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