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Event Date Mon Jan 31 EST (in 12 days)
Location Virtual
Region Americas

The lending process can be complicated and confusing, with both legal concepts and laws and regulations affecting how we make loans. For employees that are new to lending, it can be daunting and overwhelming, so as financial institutions hire employees to be involved in originating, processing, and servicing loans, training is essential to provide them basic introductory knowledge of key concepts and ideas, the rules that apply, the importance of those rules, and why institutions have the procedures that they do.

This seminar is designed to assist those employees by providing an overview of lending concepts and of the basic coverage and requirements of the regulatory framework.

Here is What You'll Learn;

Lending concepts, including:
• Loan terms, including what consumer-purpose and business-purpose mean.
• The application process (e.g., applications, security, lien position, appraisals, and underwriting).
• Closing and Servicing.

Overview of lending laws and regulations, including:
• Truth-in-Lending Act/Regulation Z.
• RESPA/Regulation X.
• Equal Credit Opportunity Act/Regulation B.
• HMDA/Regulation C.
• Fair Credit Reporting Act/FACT Act-Regulation V.
• Flood Disaster Protection Act.
• Bank Sales of Insurance.
• Military Lending Act.
• Unfair, Deceptive or Abusive Acts or Practices.
• Community Reinvestment Act.

This seminar is an overview of compliance responsibilities imposed by the major regulations in the lending area, particularly consumer compliance. It is designed to meet the needs of lending officers and loan administration personnel. It is taught at the basic level and is appropriate for those needing an introduction to lending compliance or more experienced personnel wanting a refresher course.


2022 Presenter

Anetria Cohen
Vice President, Probank Austin