Welcome to the Illinois Real Estate Lawyers Association
The Illinois Real Estate Lawyers Association is comprised of experienced attorneys dedicated to assisting individuals and businesses in connection with real estate transactions of all types.
March 9, 2016 Meeting
CLE TOPIC: “Inside the Minds of a Compliance Officer and a Mortgage Loan Originator”
Speakers: Nathan Britsch and Barbara Alonso of Perl Mortgage
Have you ever thought “why can’t the lenders tell us exactly what they want us to provide?” This timely discussion with a compliance officer and a mortgage loan originator from Perl Mortgage will allow you to hear directly about lender TRID and other compliance concerns, their Best Practices expectations and the regulatory pressures lenders face.
Learn why the goal is not so much the “perfect borrower” anymore, but is rather the “perfect file”. . . .
Since 2013, Nathan has chaired the Risk Management Committee for the Illinois Mortgage Bankers Association and is currently serving on the IMBA Board of Directors.
Ms. Alonso has been a mortgage loan originator for the last 12 years and is currently with Perl Mortgage, Inc. and her experience includes first time homebuyers, down-payment assistance grants, investment property, and government loans. Her academic degrees include B.S.N. and M.S. from Northwestern University. Having weathered the “housing crisis” and the re-definition and regulation of lending guidelines, Barbara has a broad understanding of the world of “compliance”…
“The mortgage industry must deal with awareness and observance of federal regulations with the utmost urgency. Compliance is the key to success for mortgage lending and its reach extends to all parties that are involved in the transaction.”
Bryan N. Musgrave is a personal injury attorney licensed to practice law in Missouri, Oklahoma, and Kansas. He has been certified as a member of the Million Dollar Advocates Forum, one of the most prestigious groups of trial lawyers in the United States. Membership is limited to attorneys who have won million- and multi-million-dollar verdicts, awards, and settlements. Fewer than one percent of U.S. lawyers are members.
IRELA President Ralph Schumann will also provide updates on important developments and issues of the day affecting real estate practitioners, including an update on the upcoming Multi-Disciplinary Seminar with which IRELA is assisting the IDPFR’s Working Group on TRID scheduled for April 5, 2016, ethical issues facing real estate practitioners, LLLTs, Attorney, Practice Issues relating to TRID implementation, CyberSecurity, and Best Practices requirements.