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Event Date Fri Oct 15 PDT (5 days ago)
In your timezone (EDT): Fri Oct 15 11:00am - Fri Oct 15 12:30pm
Location Webinar
Region Americas

Gain a greater understanding of commercial loan applications, including real estate-secured loans, during this jam-packed program. Real-life examples will be used to demonstrate how regulations apply and how to comply.

Benefits of Attending:
• Understand and avoid commercial loan violation “hot spots,” including fair housing, Regulation B, Flood Disaster Protection Act, Fair Credit Reporting Act, accommodation loans, HMDA, and insider lending
• Use the toolkit resources to comply with requirements when real estate is taken as collateral, including the Reg B appraisal copy rules on first-lien 1-4 family dwellings
• Correctly identify “detached structure” coverage for flood insurance
• Explain the documentation requirements for beneficial ownership rules to legal entity loan applicants and complete the required certification process
• Distinguish between business- and consumer-purpose loan requests
• Understand the HMDA requirements for business-purpose loans

Who Should Attend:
This informative session will benefit;
• Loan officers
• Loan Assistants
• Loan Operations Staff
• Compliance Officers
• Auditors and Trainers.

Take-Away Toolkit:
• Matrix of 28 loan types, including required disclosures for both consumer and commercial loans with explanations about real estate-secured loans
• Guide that outlines which compliance regulations apply to commercial credit and the exemptions for certain rules
• Commercial loan application template
• Employee training log
• Interactive quiz


2021 Speaker


Susan Costonis
CRCM, Compliance Training & Consulting for Financial Institutions