DH Corporation (TSX: DH) ("D+H") today announced the launch of its updated Mortgage Reform School, a web-based program of on-demand webinars and downloadable articles, designed to help banks and credit unions prepare for the upcoming changes to the integrated TILA-RESPA Final Rule.
"One of our biggest strengths as an organization is our depth of knowledge about regulatory compliance issues, which allows us to help our clients stay ahead of the regulatory curve," said Scott Hansen, senior vice president of marketing, D+H. "By partnering with banks and credit unions through this educational forum, we can leverage our expertise to provide solid guidance on what we know about the upcoming TILA-RESPA changes and how it might impact our lending clients' business, helping diffuse some of the uncertainty about what's next on the regulatory horizon. The D+H Mortgage Reform School reflects our commitment to serving our clients by supporting their need to ensure business continuity, while further positioning them for success."
D+H's Mortgage Reform School examines the various requirements of the TILA-RESPA Final Rule, which will affect certain types of mortgage loans with an application date of August 1, 2015, and later. It addresses business process impacts and includes in-depth discussions of the Loan Estimate and Closing Disclosure forms.
"With the continued revisions on the regulatory front, it's hard to feel confident that we'll be prepared. D+H has been an invaluable partner in the implementation and continued service of our lending solutions. I'm confident that their guidance and support on this rule will provide some of the added clarity and insights we need to be better prepared," said Joel Schaeffer, mortgage business analyst, Horizon Bank.