Regulatory Compliance Series Online Access - Day 1

Regulatory Compliance Series

Day 1
     Watch Recorded Event - Coming Soon!
     Resources
     Session Information
     Speakers

Day 2

Day 3

Day 4

Day 5

Credit Compliance, Part 1

This program discusses consumer compliance regulations and effective assessment methods. Lenders and compliance officers will be better prepared to audit, train, and manage the bank’s compliance lending requirements effectively.

Watch Recorded Event COMING SOON!

Day 1 Resources

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Day 1 Session Information

Reg B: Equal Credit Opportunity Act

• Equal treatment and fair lending considerations
• Application stages: inquiries, incompletes, withdrawals, denials, and approvals
• Collection of government monitoring information
• Adverse action rules and business loan denial options
• New requirements for providing copies of appraisals and evaluations

Fair Credit Reporting Act

• Permissible purpose
• Requirements of users of consumer reports
• Duties of furnishers of information to a CRA
• Requirements relating to identity theft

Unfair, Deceptive, or Abusive Acts or Practices (UDAAP)

• The FTC Act/Dodd-Frank Act
• Standards for determining what is unfair, deceptive or abusive
• Deceptive acts and practices
• Abusive acts and practices
• Managing risks

Flood Disaster Protection Act

• Flood insurance eligibility and determination
• Private Policy requirements and challenges
• Required notification and acknowledgment
• Insurance and escrow requirements
• Force placed insurance, penalties and liabilities
• What examiners look for in a flood exam

Reg C: Home Mortgage Disclosure Act (HMDA)

• Requirements, responsibility and reporting
• Loan application register
• Setting HMDA audit sampling sizes
• Discuss common violations
• Discuss expanded data field

Learning Objectives

• Differentiate between an application and an inquiry for disclosure purposes, describe the eight stages of an application and identify the latest fair lending issues
• Understand key regulatory provisions of lending rules such as furnishing adverse action notices and FACTA disclosure requirements
• Calculate flood insurance coverage for residential, commercial and condos using replacement cost value rules
• Complete a HMDA report and understand the coding rules to determine what transactions are HMDA reportable

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Day 1 Speakers

Monique Reyna

Compliance Consultant

TCA Compliance

Michelle Strickland

Managing Partner & Co-President

TCA Compliance

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