Education & Events
2019 Real Estate Lending Compliance
Congress has consistently provided special protection to consumer loan borrowers, especially those who secure loans with their home. There has been an explosion of new lending requirements over the past few years.
The program provides an overview of the real estate lending requirements from ten regulations, along with comprehensive coverage of selected topics, policy suggestions, employee training tips, audit techniques and steps to eliminate past problems. Emphasis is placed on coverage and exemption rules, determining which disclosures are required, the content of the required disclosures and prohibited acts or practices.
The following laws and regulations are covered:
- Truth in Lending Act (Regulation Z) – includes final TRID rules that were effective October 1, 2018, and a review of EGRRCPA revisions;
- Real Estate Settlement Procedures Act (Regulation X) – includes a review of final servicing rules that were effective in 2018;
- Equal Credit Opportunity Act (Regulation B) - includes clarification on the revised rules for collection of government monitoring information and the new residential mortgage loan application;
- Fair Housing Act - includes a review of recent enforcement actions and an explanation of the reasonably expected marketing area (REMA) concept;
- Home Mortgage Disclosure Act (Regulation C) – includes the major new Regulation C rules that were effective on January 1, 2018 and a review of EGRRCPA revisions;
- Flood Insurance rules – includes the Private Flood Insurance rules for which final rules are pending;
- Homeowners Protection Act;
- Fair Credit Reporting Act – includes a review of the EGRRCPA revisions;
- Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act) – includes a review of the EGRRCPA revisions; and
- Unfair, Deceptive or Abusive Acts or Practices.
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.
8:30 a.m. Registration & Continental Breakfast
9:00 a.m. Program Begins
12:00 Noon Lunch (included)
1:00 p.m. Program Resumes
4:00 p.m. Program Adjourns
This seminar will be held at the IBA Center for Professional Development, 8425 Woodfield Crossing Blvd. Suite 155E, Indianapolis, IN 46240. Directions, map & list of hotels are available at www.indianabankers.org or by calling 317-387-9380.
The following fees include the program, training materials, continental breakfast, lunch and refreshments:
$495 First Attendee
$449 Each Additional Attendee from Same Institution
Participation in IBA programs is limited to members, associate members, and nonmembers from an eligible membership category at applicable member or non-member rates. 100% Surcharge for all nonmembers.
Every year major changes appear and this year is no exception. The continued expansion of the integrated disclosure rules (TRID) continues with massive changes published in July 2017, with mandatory compliance on October 1, 2018. The new Economic Growth, Regulatory Relief and Consumer Protection Act (EGRRCPA) was signed into law on May 24, 2018. It impacts several sections of Regulation Z. Some of the revised provisions were effective upon enactment, other sections are delayed. Clarification to Regulation B government monitoring information requirements has been published. Massive revisions to HMDA/Regulation C were effective January 1, 2018 and are impacted by EGRRCPA. The program and the manual have been completely updated for these rules.
The program is designed for Compliance Officers, Loan Officers, Loan Processors, Auditors, and others with responsibilities related to the origination and servicing of mortgage loans.
For more information please contact Elizabeth DeHaven via e-mail at firstname.lastname@example.org or call 317-387-9380.
Within three or more business days prior to the day of an educational program, no cancellation charge will be assessed. Within two days prior, 50% of the fee is assessed. Refunds are not provided for cancellations 1 day prior or absences on the day of the program. Substitutions are welcome at any time.