2021 Lending Compliance Update

"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. Often, compliance errors occur simply because the lender was unaware of the change. 2021 has been a busy year. Use of the revised Uniform Residential Mortgage Application became effective on March 1, 2021. Rules for Payday Loans have been greenlighted and will be effective June 13, 2022. Changes to the Community Reinvestment Act regulations are moving in a positive direction. Revised ability to repay and qualified mortgage rules were completed. Regulation B has been expanded to include gender identity and sexual orientation, and changes were proposed to require data collection and reporting for small business loans.

This one-day seminar (or two-part webinar) provides a thorough update on numerous lending compliance topics in a single program; thereby saving the attendee time and their institution’s money. The 300+ page manual serves as a handbook long after the program is completed.

Live Seminar Virtual Seminar