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Everything You Need to Know About The New FACTA Act!
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Loan Officer Seminars
Course Offered

http://www.LoanOfficerSeminars.com

Everything You Need to Know About The New FACTA Act!
Trainer: Leslie Petersen
Running Time: 66 Minutes

Did you know that effective December 1, 2004, some major changes have been made to the FACTA (Fair & Accurate Credit Transaction Act) rules and regulations?

Loan

This sounds like a really boring and dry topic; but we can assure you that Leslie Petersen has a knack for giving you "just the facts" in a way that is easily understood and remembered.

Officer

Here's what you will learn:

Training
  • Find out once and for all if you can give a copy of the credit report to your clients
  • New FRCA/FACTA Credit Score disclosures--Why, when and how!
  • Using new credit bureau requirements to your client's advantage
  • Mandates & Penalties for non-compliance
  • Using FACTA as a client counseling tool

BONUSES:
1. The Mortgage Loan Process Timeline--FCRA & FACTA
2. Notice of Action Taken Form
3. Credit Score Disclosure Form

When
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