Banker's Academy Updates Focus on Compliance for Credit Unions to Include Recent RESPA Amendments

Edcomm Banker's Academy has afresh adapted Focus on Compliance for Credit Unions to cover the new amendments to the Real Estate Settlement Procedures Act (RESPA). The Focus on RESPA and Required Disclosures affair of the Real Estate Settlement Procedures Act (RESPA) bore of Focus on Compliance for Credit Unions has been revised as allotment of Edcomm Banker's Academy charge to accouterment the a lot of abreast banking casework information.

According to the new amendments beneath RESPA, mortgage brokers and lenders are appropriate to use a new Good Faith Estimate (GFE) form, revised HUD-1 and HUD-1A Settlement Statements and a revised Special Information Booklet by January 1, 2010. The amendments aswell crave added appropriate and able disclosures of accommodation agreement and closing costs that consumers pay if affairs or refinancing a home. The Act affects all policies, procedures and abstracts for mortgage lending.

Focus on Compliance for Credit Unions, from Edcomm Banker's Academy, is a computer-based, ambit acquirements program, which can be delivered via Internet, Intranet or CD. The affairs teaches acquiescence application easy-to-understand accent in an interactive, self-paced format. Participants apprentice from their own perspective, with a class customized to their position. Focus on Compliance for Credit Unions covers: Bank Secrecy Act (BSA), Anti Money Laundering (AML), USA PATRIOT Act, OFAC, Privacy, Gramm-Leach-Bliley, Sarbanes-Oxley, Reg CC, Check 21, Reg E, Truth in Lending, FCRA, FACT Act, ECOA, Fair Lending, HMDA and Bank Bribery, a allotment of others. The affairs aswell includes a quick advertence adviser to all regulations and a searchable comment of terms.

For added advice about programs like this, or to acquisition out how The Edcomm Group Banker's Academy can adapt any training program, log assimilate www.bankersacademy.com or alarm +1.212.631.9400.

The Edcomm Group Banker's Academy is a 22-year-old multimedia apprenticeship and advice consulting close specializing in the development of artistic business solutions that advance productivity, chump account and bazaar allotment - accouterment bottom-line results. The Edcomm Group Banker's Academy has had the advantage of acceptable abounding acclaimed audience with business solutions in the anatomy of eLearning programs, classroom instruction, multimedia assembly and online and book based documentation. Edcomm Banker's Academy offers abounding off-the-shelf and customized courses such as Teller Training, Compliance Training and Systems Training accurately advised for Banks, Credit Unions and Money Services Businesses (MSBs).

The Edcomm Group Banker's Academy (www.bankersacademy.com) is headquartered in New York City with locations and representation throughout the world.

Contact:
Dr. Linda Eagle
Edcomm Banker's Academy
21 Penn Plaza Suite 1010
New York, NY 10001, USA
Tel:+212.631.9400
Fax: 212.631.0659
linda.eagle@edcomm.com http://www.bankersacademy.com .