“The Nuances of Digital Mortgage Closings”
Tuesday, May 12, 2020
Noon Central Time (1 p.m. Eastern, 10 a.m. Pacific)
Are we approaching the end of in-person mortgage closings? Will you miss that final handshake with your buyer? How safe is it to handle the closing process digitally? And who or what are RON and RIN? Most of all—as the COVID-19 virus suggests—can you even compete in the future without a digital closing?
Industry expert and attorney Amanda Phillips joins us for an hour-long discussion of this incredibly important topic at noon Central Time (1 p.m. Eastern, 10 a.m. Pacific) on Tuesday, May 12. She will offer advice on Remote Online Notarization (RON), Remote Ink-Signed Notarization (RIN), E-Notarization, E-Sign, E-Disclosure, E-Note, E-Close and more. As counsel with the national law firm Ballard Spahr LLC, Phillips advises clients on federal and state regulatory requirements governing mortgage lending, including business process and procedures.
ACUMA President Tracy Ashfield will moderate the session, reviewing questions submitted by attendees.
This Workshop On the Go presentation will use the Zoom platform, so be sure you can access it. Space is limited, so register early. After registering, you will receive a confirmation email containing information about joining the live event.
ACUMA members will be able to access the recorded on-demand presentation at their convenience and share it with staff. The presentation will be available in the “members only” section of the ACUMA website a few days after the live event. The Zoom app is not required to view the recorded version.
About The Speaker
Amanda Phillips advises clients on federal and state regulatory requirements governing mortgage lending, including business processes and practices, software and documents for Ballard Spahr LLC, a national law firm that provides counsel and service in litigation, business and transactions, real estate, intellectual property and finance.
Phillips designs scalable compliance policies and helps companies implement them, develops strategies to identify compliance risk, and leads internal compliance programs. She also provides guidance to mortgage lenders and settlement service providers in complying with laws, regulations and rules in product development, sales, contract negotiation and implementation. This includes requirements under the Dodd-Frank Wall Street Reform and Consumer Protection Act, Home Mortgage Disclosure Act (HMDA), Real Estate Settlement Procedures Act (RESPA), Truth-In-Lending Act (TILA), Equal Credit Opportunity Act (ECOA), Fair Credit Reporting Act (FCRA) and the Fair Housing Act.