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  Website Updated 1/21/2012

Your Source for Banking Policies, Procedures, and More.

Product Update Notification - 08/09/10


Revised Policy Templates


Human Resources General Loan Policy Template


Real Estate Loan Policy Template


Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act) Policy


The update to these products is in response to the Joint Press Release entitled "Federal Agencies Issue Final Rules to Implement SAFE Act Requirements for Registration of Mortgage Loan Originators" dated July 28, 2010.  The final rule  requires residential mortgage loan originators who are employees of national and state banks, savings associations, Farm Credit System institutions, credit unions, and certain of their subsidiaries (agency regulated institutions) to meet the registration requirements of the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act).  The final rules take effect on October 1, 2010.  The agencies anticipate that the registry could begin accepting federal registrations as early as January 28, 2011.


http://edocket.access.gpo.gov/2010/pdf/2010-18148.pdf


What's Revised


Please visit the following pages of our website to review detailed subject matter regarding revised topics for these products:


Human Resources General Policy Template Update Details

Real Estate Loan Policy Template Update Details

SAFE Act Policy Template Update Details


Ordering Information


These products are available to purchase from Bankpolicies.com for:


Human Resources General Policy Template


$475.00 - List Price

- or -

$25.00* - Update Price


*Applies only to clients who have purchased the Human Resources General Policy Template within the last three years in addition to the following prior updates:


Human Resources General Policy Template Update - 01-11-10 - $100.00

Human Resources General Policy Template Update - 03-16-09 - $50.00


Real Estate Loan Policy Template


$475.00 - List Price

- or -

$25.00* - Update Price


*Applies only to clients who have purchased the Real Estate Loan Policy Template within the last three years in addition to the following prior updates:


Real Estate Loan Policy Template Update - 01/11/10 - $100.00

Real Estate Loan Policy Template Update - 11/16/09 - $75.00

Real Estate Loan Policy Template Update - 01/20/09 - $100.00

Real Estate Loan Policy Template Update - 08/26/08 - $50.00

Real Estate Loan Policy Template Update - 04/01/08 - $25.00


SAFE Act Policy Template


$175.00 - List Price

- or -

$25.00* - Update Price


*Applies only to clients who have purchased the SAFE Act Policy Template within the last three years.


If you have ordered any of these products after 07/09/10 you are eligible to receive that updated product at no charge.


Click here to place an order for any of these products.  The appropriate Legacy Rewards Volume Discount will be applied to the update or list price for clients who are eligible.


NOTE: Refer to our Place an Order page for important information regarding payment terms and our return policy.  Orders placed for Product Updates are only available directly through Bankpolicies.com.


Find Out What's New or Revised with our Product Update Program


Our Product Update Program allows existing clients to receive e-mail notifications from us the same day we issue a new or revised product.  We encourage you to subscribe today for this free and convenient service.