CU Members Mortgage will be hosting a FREE webinar on February 11, 2021 from 1:00 to 2:00 p.m. (CT) entitled “The New URLA” or the Uniform Residential Loan Application. In this session, Genworth’s Director of Customer Education MaryKay Scully will share a comprehensive look at the upcoming changes to URLA and will discuss best practices for reviewing what is needed for a complete application, understanding why each piece of data is important, expediting the overall loan process to ensure smooth transfer from processing to underwriting and more.
Here’s a brief video interview from CUbroadcast’s Mike Lawson and MaryKay Scully discussing the session coming up.
In this course, we will review what questions to ask of applicant(s) to complete new Uniform Residential Loan Application (URLA), effective March 1, 2021, in order to expedite the overall loan processing of the file to underwriting. We’ll explain why each piece of data is important and provide best practices for reviewing the application for discrepancies or potential eligibility issues with supporting documentation. This includes COVID-19 guidelines.
Learning Objectives include a review what is needed for a complete Uniform Residential Loan Application and understand why each piece of data is important to expedite the overall loan processing of the file to underwriting.
To watch the full webinar session with MaryKary presenting The New URLA – Click Here.
About Your Speaker:
As Genworth’s Director of Customer Education, MaryKay Scully leads the development of customer education curriculum. With 28 years of experience at GE/Genworth, she has also served as an E-Business Development Manager, Director of Customer Education and Organizational Effectiveness, and as a Service Center Manager. Prior to Genworth, she held Loan Officer positions at various mortgage companies in the Mid-Atlantic states. MaryKay’s extensive and varied experience make her a nationally sought-after instructor and round table participant for topics as far reaching as Purchase Transaction Best Practices to HMDA.
MaryKay is a graduate of the National School of Banking and received an MBA from Fairfield University. She has held Series 7 and Series 63 (Uniform Securities Agent License). She has been a function Black Belt in Six Sigma Quality and is a Certified Trainer in DiSC Behavioral Profiling
Chairman of the Mortgage Bankers Association of New Jersey Women’s Committee (2019). Mortgage Professional America Elite Women Award in 2017 and 2018.