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?

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.

Here's what you will learn:

• 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

About Leslie Petersen

Leslie Petersen's passion is not merely training - it is her heartfelt role in elevating the real-world knowledge base and the competency of other mortgage professionals.

Leslie is known for her expertise and her commitment to keeping current on industry changes. She is most recognized for her ability to pass on knowledge in a unique "this is what it really means" fashion. Leslie can simplify complex concepts without changing the meaning or definition. Her material is trusted and referenced by seasoned professionals, yet she can also "turn on the lights" for the beginner. As a trainer, her enthusiasm is catchy, and her concern for each individual student is genuine.

As a 30 year mortgage veteran by trade, Leslie Petersen founded Mortgage Educators in 1993. She has authored numerous training manuals, handbooks, workbooks, newsletters and columns. She currently writes a bi-monthly column for the Mortgage Originator magazine and is a featured speaker for MortgageSpeakersBureau.com and LoanOfficerSeminars.com. She has also presented and trained for various lenders and trade associations in more than 23 states since opening Mortgage Educators.