JUST APPROVED FOR 7 GENERAL CLE CREDITS!!!
Tuesday, November 3, 2009
Hyatt Tech Center
7800 E. Tufts Avenue ~ Denver, Colorado
Preliminary Agenda
On-Site Registration Available Starting November 3
8:00 a.m. - 9:00 a.m.
Breakfast
9:00 a.m. - 9:15 a.m.
Overview of RESPA
A summary of RESPA’s basic disclosure requirements, referral fee prohibition, affiliated business arrangement requirements, penalties, and remedies.
9:15 a.m. - 10:30 a.m.
It's Almost Here! How to Comply With HUD's New RESPA Rule: Part I
The most far-reaching RESPA regulation since 1992 is about ready to take effect! Hear the latest about what the Department of Housing and Urban Development (HUD) expects from mortgage lenders, mortgage brokers, real estate brokers, title agents, closing/escrow agents and other settlement service providers when it rolls out its new Good Faith Estimate (GFE) and HUD-1 Settlement Statement on January 1, 2010 – and what you should be doing now to assure compliance.
10:30 a.m. – 10:45 a.m.
Break
10:45 a.m. - 11:30 a.m.
It's Almost Here! How to Comply With HUD's New RESPA Rule: Part II
11:00 a.m. - 12:00 p.m.
The 10 Most Frequently Asked Questions About Affiliated Business Arrangements
Our RESPA experts will provide their answers to the most frequently-asked legal questions they get from their clients about how to structure and operate an affiliated business in compliance with RESPA and HUD’s Sham Joint Venture Guidelines.
12:00 p.m. - 1:15 p.m.
Open Lunch
1:15 p.m. - 1:45 p.m.
RESPA and Marketing Agreements/Work Share Arrangements
Marketing agreements among real estate brokers, mortgage lenders, title companies, home warranty companies and even pest inspection companies are under more scrutiny than ever before by HUD and the class action bar. Find out about the latest RESPA enforcement activity in this area and get advice on what you need to think about when you enter into a marketing agreement or work share arrangement.
1:45 p.m. - 2:30 p.m.
How to Price Your Services Under RESPA
A recent court case over a real estate broker’s administrative brokerage fee has triggered even more confusion among real estate brokers, mortgage lenders, and other settlement service providers over how to price their services under RESPA. It’s a confusing area of the law because HUD, the plaintiff’s bar, and the courts have different points of view over whether you have to justify mark-ups of third-party services, price increases, or new fees. Find out here about how to minimize your legal risks when pricing your services.
2:30 p.m. – 2:45 p.m.
Break
2:45 p.m. – 3:15 p.m.
How the New Consumer Financial Protection Agency Will Affect Your RESPA Regulatory Environment
The Obama Administration has proposed the creation of a new Consumer Financial Protection Agency that not only would take over RESPA rulemaking and enforcement from HUD, but would have new authority to set brand new obligations and duties for mortgage originators, title/closing agents, real estate brokers/agents, and anyone else involved in a home purchase or mortgage finance. Learn about the latest developments on the Obama proposal and how it could affect the way you do business.
3:15 - 4:15 p.m.
Ask the RESPA Experts! Open Question and Answer Period
If your RESPA question haven’t yet been answered now is your time to ask it, whether it’s about how to comply with HUD’s new RESPA rule, how to make sure your affiliated business or marketing agreement is legally-compliant, how to price your services, or anything else about RESPA rules and enforcement.
4:15 p.m. – 4:30 p.m.
Summary & Wrap Up
The most significant advice given throughout the day will be highlighted for you.
Cancellation of the seminar or guest event tickets must be postmarked by Oct 5, 2009 to receive a full refund less a $50.00 processing fee. Cancellations that are postmarked Oct 6- Oct 8, 2009 will receive a refund of 50 % of fees paid. No refund will be made after Oct 9, 2009. All cancellations should be sent in writing to 202-478-5053 or mailed to RESPRO®, 2000 L Street NW, Suite 522, Washington, DC 20036. In the unlikely event of cancellation of this program, RESPRO®’s liability is limited to 100% refund of the registration fee and does not include penalty fee on airline tickets, hotel deposits, or other incurred expenses.