Nobody wants compliance mistakes but when they are tolerable and in moderation, you grow, you learn from them and that leads to improvement and survival in a tough world of compliance and banking.
“Keeping up” is the most common training goal for compliance and lending personnel. Since the late 1960’s, the steady stream of new consumer laws and regulations has been continuously supplemented by revisions of previously issued regulations.
ThursdayMay 23, 2024
APY and APR Accuracy (Bonus! Using the FFIEC Calculator on T
Mistakes happen. Even strong compliance programs can have a slip-up, and you may find your bank has wrongfully disclosed the Annual Percentage Rate (on a loan) or the Annual Percentage Yield (for a deposit product).
On-Demand Webinars about Lending
Recorded on October 24, 2014
How to Audit Advertising - Compliance Issues Here, There, Everywhere!
This webinar covers all of the escrow rules - the long standing, the recently revised, and the soon to be effective requirements of both Regulation X and Regulation Z.
Ignorance of the law is no excuse - a lesson learned the hard way through 15 months in prison by one young banker who made a concerned phone call to a large borrower after the bank received a federal grand jury subpoena for the customer's record
Recorded on July 23, 2014
Opening Accounts for Marijuana Businesses: CIP, CDD, Risk
Learn the questions that need to be asked about marijuana businesses. Learn the two avenues: how to proceed if you do not want to bank marijuana businesses and how to proceed if you do.
Recorded on June 23, 2014
New Integrated Disclosures - The Closing Disclosure
The amount of detail in the new Closing Disclosure exceeds anything in our prior experience with mortgage lending. Even though we have time to get all of the pieces in place, the time to start the process of mastering this material is now.
Whether an internal/external auditor, a loan officer who takes home mortgage applications, or the person responsible for the accuracy of the HMDA data, you have opportunities to either protect your financial institution from, or expose it to, HMDA pr
The new integrated Loan Estimate will apply to virtually all consumer credit transactions secured by real property. Very few such loans will be exempted.