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Save $100 off the individual price of these two webinar recordings.
This four hour webinar recording package features two, two-hour recordings by Jack Holzknecht and Robin Cooper discussing two timely topics:
- Right of Rescission – Review & Update
- Compliance for Commercial Lenders
Jack Holzknecht, CEO of Compliance Resource, LLC., is one of the industry’s leading experts in lending regulations. Jack is an experienced presenter and is highly skilled in breaking down complex regulation and identifying key areas of concern. Robin Coper, Director of Compliance for Compliance Resource, LLC., has worked in, trained, and consulted financial institutions on regulatory compliance issues for over 14 years. This bundle saves $100 off the price of these webinar recordings purchased separately.
Program 1: Right of Rescission – Review and Update
Regulation Z contains a long list of complex and confusing provisions. The rules related to the consumer’s right to rescind a mortgage transaction are near the head of the list. Few topics generate more litigation or more questions. All of the rules, from providing the notice of rescission to undoing transactions that the borrower has rescinded, are covered. The program explains what transactions are subject to the right to rescind, who has the right to rescind, how to handle rescission, and how to fix problems when they occur. The webinar recording and materials are updated to include recent revisions to rescission tolerances. This two-hour webinar recording explains all of the rescission rules. It provides easy to understand answers to questions. and it provides a system to assure compliance.
WHAT YOU WILL LEARN
- What transactions are subject to the right to rescind;
- Who has the right to rescind;
- How to handle rescission for both open-end and closed-end credit;
- How long does the rescission period lasts and when does it begin;
- Which of the seven model rescission forms to use;
- What is the potential liability if an error occurs and how are errors corrected;
- Who has the right to waive the right to rescind; and
- The recent revisions to rescission tolerance rules.
Program 2: Compliance for Commercial Lenders – Issues for the Unwary
All of the regulations reviewed in a compliance examination cover consumer lending, but many of those regulations also impact commercial lending. Determining exactly which requirements impact commercial loans is a challenge. We are pleased to present this program to help commercial lenders understand which compliance requirements impact their department. This two-hour webinar recording identifies the major compliance regulations that apply to commercial transactions and reviews particular issues from each of those regulations that cause problems for commercial lenders. Many examiners find the commercial lending area is fertile for compliance violations because of confusion regarding which requirements apply to commercial loans. Those violations may result in penalties or expensive litigation. This program identifies problem areas, provides suggestions for avoiding and curing the problems, and covers training and auditing concerns.
WHAT YOU WILL LEARN:
How the following laws and regulation impact commercial lending:
- Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) Provisions – Filing CTRs, CTR exemptions, and OFAC;
- USA PATRIOT Act – Customer Information Program (CIP), Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), and Beneficial Ownership;
- Suspicious Activity Reporting (SAR) Provisions;
- Unlawful Internet Gambling Enforcement Act (UIGEA) – Regulation GG;
- Equal Credit Opportunity Act (ECOA) – Regulation B – Discrimination prohibition, appraisal rules, application disclosures, spousal signature rules, intent to be a joint applicant, and adverse action notice requirements;
- Fair Housing Act (FHA) – Discrimination prohibition;
- Home Mortgage Loan Disclosure Act (HMDA) – Regulation C – Data collection and reporting requirements and revisions to Regulation C;
- Flood Disaster Protection Act (FDPA) – Required disclosures and insurance requirements, and recent changes;
- Fair Credit Reporting Act (FCRA & FRB) – Regulations V – Requesting and using credit bureau reports, identity theft provisions and adverse action notice requirements;
- Truth in Lending Act/Regulation Z – Coverage rules, restrictions and required disclosures, Special rules (1026.12(a) and (b)) for business-purpose credit cards;
- Real Estate Settlement Procedures Act/Regulation X – Coverage rules, restrictions and required disclosures;
- Real Estate Appraisal Interagency Guidance;
- Servicemember Civil Relief Act (SCRA);
- Military Lending Act;
- Insider Credit – Regulation O;
- Securities Lending – Regulation U;
- Right to Financial Privacy Act (RFPA) and Regulation S (Reimbursement for partnerships with 5 or fewer partners);
- Community Reinvestment Act (CRA) – Regulation BB – Data collection and reporting requirements;
- Bank Bribery Act Implications;
- Unfair, Deceptive or Abusive Acts or Practices;
- Americans with Disabilities Act; and
- Other rules and regulations that impact commercial loans.
Jack Holzknecht is the CEO of Compliance Resource, LLC. He has been delivering the word on lending compliance for 43 years. In 38 years as a trainer over 145,000 bankers (and many examiners) have participated in Jack’s live seminars and webinars. Jack’s career began in 1976 as a federal bank examiner. He later headed the product and education divisions of a regional consulting company. There he developed loan and deposit form systems and software. He also developed and presented training programs to bankers in 43 states. Jack has been an instructor at compliance schools presented by a number of state bankers associations. As a contractor he developed and delivered compliance training for the FDIC for ten years. He is a Certified Regulatory Compliance Manager and a member of the National Speakers Association.
Robin Cooper, CRCM is the Director of Compliance for Compliance Resource, LLC, a source of compliance assistance for financial institutions. Robin’s career in banking began in 2004. Since that time she has worked for community and regional financial institutions ranging from $100 million to $1 billion in asset size regulated by the Office of the Comptroller of the Currency (OCC) and Federal Reserve Board (FRB). Robin has worked in numerous compliance and banking roles, including Compliance Auditor, Internal Auditor, BSA Officer, and Compliance Officer. In 2010 Robin established and led the, now longstanding, Central Kentucky compliance roundtable for compliance officers in central and southern Kentucky to convene and discuss emerging compliance issues. Robin has a bachelor’s degree in Government from Centre College, attended the American Bankers Association National Compliance School, and is a Certified Regulatory Compliance Manager.