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RESPA continues to be a moving target as lenders work with the U.S. Federal Government to clarify the requirements of the soon-to-be-enforced regulation. Dorado is closely working with our customers and partners to ensure that the right technological controls and business rules are in place for RESPA-readiness. We invite you to participate in the dialogue surrounding the regulation with Dorado customers and outside experts. In particular, we seek to build mutual knowledge on how RESPA will affect internal systems, and what are the best proactive steps to ensuring compliance while maintaining business productivity?
For more information on our findings, to request a copy of Dorado's RESPA Compliance Guidelines, and to learn about upcoming Dorado-run regulatory discussion events, contact RESPA@dorado.com
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 Order a RESPA Tool Kit.
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Get a more complete understanding of the changes with the help of Dorado partner Wolters Kluwer Financial Services and their RESPA Tool Kit. This collection of resources includes all of their webinars, policies and audit procedures, an implementation and documentation Guide, and discounts on new RESPA documents:
- Video Training: Preparing the NEW Good Faith Estimate
- Video Training: Preparing the NEW HUD-1 and HUD-1A
- Video Training: Tying it all together
- Policy Development—PRINGLE® Policies & Audit Procedures: A sample policy you can tailor to fit your institution’s specifications.
- Implementation and Documentation Guide: Thorough checklist of best practices to make sure you’re prepared by January 1, 2010, including:
- Reminders of the effectives dates,
- Tools and resource section with helpful links, and
- PDFs with detail instructions of what is populated in each field of the GFE and HUD1/1A Settlement Statement.
- Discount on RESPA document orders: Receive a 10% discount on your first print product order of new RESPA documents to comply with upcoming changes.
Each of these resources is available individually, but you’ll receive a substantial discount by purchasing them together in this convenient package as well as receive the Price Discount on RESPA related print products.
Each of these resources is available individually, but you’ll receive a substantial discount by purchasing them together in this convenient package as well as receive the Price Discount on RESPA related print products.
Visit http://www.wolterskluwerfs.com/Info/resparc/toolkit-form.html to request more information or order your RESPA toolkit today.
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On December 16, 2009, Dorado joined a live meeting with HUD and the MBA to review upcoming RESPA changes with Vicki Bott, FHA Deputy Assistant Secretary of Single Family.
Dorado featured in the November 2009 issue of Mortgage Technology Magazine in "Stepping Up RESPA Readiness."
Dorado participated in an invite-only RESPA roundtable held at the MBA National Convention on October 12, 2009.
On August 20, 2009, Dorado held a RESPA Discussion Day attended by compliance officers from top lenders. To obtain a summary of the day’s findings, contact RESPA@dorado.com. |
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