Introduction to Lending Compliance

Banking laws and regulations have existed for decades however since the financial crisis beginning in 2008, the amount of regulations have grown significantly, mostly in part due to the enactment of the Dodd Frank Consumer Protection Act of 2010. It is imperative that lenders, loan operation staff, management and board of directors are aware the compliance rules when accepting and originating applications for credit at their banks. This course will provide an overview of the laws and regulations that affect the lending side of the bank. This course is intended for a variety of job whom work in the lending area of the bank, including loan assistants, credit departments, lenders, loan operations, management, and board of directors.

 Learning Objectives:

• Know the laws and regulations that apply to the deposit side of banking.

  ₒ   Fair Lending (FHA, ECOA, HMDA, CRA)

  ₒ   Regulation Z

  ₒ   Real Estate Settlement Procedures Act

  ₒ   Regulation B

  ₒ   Flood

  ₒ   SAFE Act

  ₒ   E-Sign

  ₒ   Military Lending Act

  ₒ   Servicemembers Civil Relief Act

  ₒ   Bank Secrecy Act

  ₒ   Regulation P

  ₒ   Right to Financial Privacy

  ₒ   Unfair Deceptive Abusive Acts or Practices

  ₒ   Fair Debt Collection Practices Act

  ₒ   Advertising

  ₒ   TCPA/Can-Spam

  ₒ   Regulation U

  ₒ   Regulation O

  ₒ   Fair Credit Reporting Act/Fair and Accurate Credit Transactions Act

  ₒ   Bank Bribery Act

   

Duration:

0.5 hours

Features:

Mobile, accessible, audio, video

Module(s):

40458EN