Compliance Issues for Consumer Lending
a web-based seminar
Tuesday, February 12, 2008
2:30 p.m. – 4:30 p.m.
Program Content
The Institute of Certified BankersTM(ICB) is dedicated to promoting the highest standards of performance and ethics within the financial services industry. This webinar has been approved for 2.5 CRCM and CLBB credits.
Consumer loans have some of the most complex compliance requirements in all of the financial industry. Plus there are coming proposals that could add to the regulatory burden. In this webinar, we explore the range of rules and regulations that apply to consumer lending such as credit cards, vehicle loans and so forth (rules specific to real estate lending are covered in another session). Learn what rules apply, when they apply, definitions of complex terms, as well as the penalties for noncompliance. We'll also point out many common violations to avoid.
Covered topics include:
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Regulation Z – Truth in Lending - coverage, disclosures and advertising requirements
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New credit card rules coming soon
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Regulation B – Fair Lending - applications, monitoring information, and adverse action
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Regulation O – Lending to Insiders - who is covered and restrictions
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Regulation U – Lending on Securities and form U-1
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Regulation AA – Unfair or Deceptive Acts - late fees, contract clauses, and cosigner notices
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Regulation BB – Community Reinvestment Act (CRA) - community development loans
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Fair Credit Reporting Act, including FACT Act changes - new rules
Carl Pry is a Certified Regulatory Compliance Manager (CRCM) and Certified Risk Professional (CRP) who works in Lending Compliance for a large financial institution in
Who Should Attend
This interactive session will give a basic understanding of each of these rules and is imperative for anyone performing duties in consumer lending areas of the financial institution. This includes loan officers, personal bankers, supervisors, auditors, compliance officers, trainers and others working in these types of positions.
Registration Fee
$245 per website "seat", per session. Additional branches will receive a reduced rate of $150!
If you are unable to attend the webinar but would like to have this information for training purposes, you may purchase an audio CD, handout materials and a password to view the information online.
Cancellation Policy
Refunds will be given only for cancellations received in written form 3 business days prior to the program. If your bank is unable to participate after registering, you can also select to receive an audio CD plus a special password to see the information online of the seminar at no additional charge. For assistance, please call Courtenay Pope at (404) 420-2015.