4 Credits
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This course is a comprehensive discussion of the Real Estate Settlement and Procedures Act and the new regulations promulgated by the Consumer Financial Protection Bureau. A detail history of RESPA and other legislation that has led us to where we are today are included. The course covers servicing, escrow accounting, Notice of Error, Requeist for Informatin, Forced Placed Insurance, Loss Mitigation, Affiliated Business Arrangements, and Solicitation. It includes detailed sections on the new Loan Estimate and the new Closing Disclosure.
About the Presenter
Vincent Danzi
Senior Vice President
First Nationwide Title Agency
A title industry veteran, with more than 13 years in the business, Mr. Danzi is in charge of First Nation Title Agency’s regulatory and compliance issues, as well as building out and growing the Agency’s high-end, luxury residential practice.
Mr. Danzi was senior vice president and general counsel at Manhattan-based One Title National Guaranty Company where his focus was to establish and operate the newly-formed title insurance underwriter from initial application through actual operation. He was responsible for drafting all operational forms, agreements and company policies for both the title insurer and its exclusive title agency.
Before his tenure at One Title, Mr. Danzi served as general counsel to Smithtown, Long Island-based Equity Settlement Services for nearly a decade.
Mr. Danzi launched his career at Bohemia, Long Island-based-Nationwide Court Services, eventually ascending to the position of president and title officer of the company’s main title subsidiary, where he was responsible for the firm’s day-to-day activities.
A frequent contributor to various legal and title-related organizations and periodicals, Mr. Danzi’s articles have appeared in such prestigious publications as the New York State Bar Association Journal , The Legal Description, & RespaNews.com. A frequent lecturer, he has multiple speaking engagements to his credit including this year for the Suffolk County Bar Association, and last year for the American Conference Institute’s First National Forum on Residential Mortgage Litigation and Regulatory Enforcement. He is a member of the editorial advisory board for The Legal Description and he produces continuing legal education materials for local bar associations.