Mortgage Lending Hot Spots Series: Adverse Action in Mortgage Lending: Compliance, Notices & Best Practices 2019 | Independent Bankers Association of Texas (IBAT) | 8 August 2019 | Helena, MT 59624
Venue
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| Event Date |
Thu Aug 8 CST (over 5 years ago)
In your timezone (EST): Thu Aug 8 7:00pm - Thu Aug 8 7:00pm |
| Location | Helena, MT 59624 |
| Region | Americas |
Details
HIGHLIGHTS:
• Inquiry versus application
• When an inquiry becomes an application
• Identification and documentation of when you actually have an application is key
• Requirements for incomplete or withdrawn applications
• Handling counteroffers
• Common errors in completing adverse action notices
• Second reviews of adverse action notices for fair lending purposes
• Comparative file review for fair lending on denials
12:00 pm – 1:30 pm PT
1:00 pm – 2:30 pm MT
2:00 pm – 3:30 pm CT
3:00 pm – 4:30 pm ET
Examiners are focusing on fair lending, discrimination, and Regulation B during heightened audits of adverse action notices. All three perspectives will be addressed, including technical requirements, completion issues, fair lending implications, and examiner hot spots in adverse action compliance. Join us to learn how to conduct a comparative file review of your adverse action notices to ensure no fair lending problems exist. Participants will receive a tool for the second review of adverse action notices for both fair lending and Reg B compliance standards, plus a cheat sheet to ensure lending staff use the proper denial reasons under different scenarios.
Continuing Education: Attendance verification for CE credits upon request
Speakers
Ann Brode-Harner
Brode Consulting Services, Inc.