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#2267611 - 03/14/22 06:12 PM State Specific Compliance Training
Gr8hopper Offline
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Gr8hopper
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Central Missouri
We are looking for state specific compliance training for Colorado, Illinois, Indiana, and Tennessee. We need training on Usury, Lien perfection, Titling accounts, and any state specific disclosures for both Deposits and loans.
Last edited by Gr8hopper; 03/14/22 06:16 PM.
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#2267614 - 03/14/22 06:46 PM Re: State Specific Compliance Training Gr8hopper
waldensouth Offline
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You will need to contact either the State Banker's Associations for those states or the Department of banking for those states - whatever it's called. As I recall, Illinois has training for the Illinois High Risk Home Act on the banking dept"s website.
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#2267690 - 03/15/22 07:40 PM Re: State Specific Compliance Training Gr8hopper
Dan Persfull Offline
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IN Department of Financial Institutions - https://www.in.gov/dfi/

IN Statutes Table of Contents - http://iga.in.gov/legislative/laws/2021/ic/titles/001

IN Bankers Assoc - https://indiana.bank/
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#2267692 - 03/15/22 08:06 PM Re: State Specific Compliance Training Dan Persfull
Gr8hopper Offline
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Gr8hopper
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Central Missouri
Thank you. Any thoughts on how you would train an out of state branch? Should we pick the topics we know may be different, ie... Mortgages, usury, late charges, etc??
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#2267706 - 03/16/22 12:44 PM Re: State Specific Compliance Training Gr8hopper
waldensouth Offline
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If you have a subscription to AllRegs- state laws you can get all disclosures and rules that pertain to Mortgages in every state.
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#2267707 - 03/16/22 12:58 PM Re: State Specific Compliance Training Gr8hopper
waldensouth Offline
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If you google the individual topics, I think you will be surprised at what you find. Most of these tools provide cites so you can see if they are still valid.

State Interest rate Laws

I've never trained on maximum interest rates or late fees. Those were built into the loan system by product and could not be overridden. A good Forms vendor will be able to provide you with state specific agreements and disclosures and probably a good overview of state specific rules.
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#2267716 - 03/16/22 01:42 PM Re: State Specific Compliance Training waldensouth
Gr8hopper Offline
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Central Missouri
Thank you!
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