How often have we heard the refrain, “compliance is a consumer issue – it doesn’t really apply to commercial loans?” Quite often, if your company is like most. But the real answer is compliance certainly does apply in the commercial setting – and management and many loan officers (as well as others) are often surprised at the many laws and regulations that do apply. As a result, there are many avoidable compliance violations that take place.
Brought to you live via Zoom, The Commercial Lending Compliance School will review and really dig into these challenging requirements. You’ll find that they span not only the “normal” aspects of commercial loans, but there are many “program-type” requirements as well that commercial bankers and lenders must be aware of. We’ll approach these requirements from a practical perspective, and answer the important questions of what must be done, when and how it must be done, and what it must look like. We’ll provide many examples and real-world solutions so that attendees can thoroughly understand how these requirements apply in day-to-day situations.
To ensure you get the full class experience, please have your camera on. Having cameras on is proven to increase connection with your peers and enhance your online experience.
Dates: TBD
Time: 11:00am-5:00pm EST
This is an interactive program, so come prepared with your questions and issues. Here’s a listing of the topics we’ll be covering in this fast-paced program:
- Equal Credit Opportunity Act (ECOA) and Regulation B
- Non-Discrimination Provisions
- Applications and Decisions
- Dodd Frank Act Section 1071
- Business Loan Data, highlighting woman- and minority-owned businesses
- Staggered Implementation of Data Collection and Reporting
- Coverage and Definitions
- Fair Housing Act (FHA)
- Non-Discrimination Provisions
- Home Mortgage Disclosure Act (HMDA) – Application to Commercial Loans
- Investment Property Single-Family Homes
- Multi-Family Homes
- Manufactured Housing Developments
- Community Reinvestment Act (CRA)
- Flood Disaster Protection Act (FDPA)
- Appraisals for Commercial Real Estate Loans
- Servicemember Civil Relief Act (SCRA)
- Insider Credit (Regulation O)
- Insider Definitions
- Covered Credits
- Bank Secrecy Act (BSA) and OFAC
- Customer Due Diligence and Beneficial Ownership
- Preparing for FinCEN’s Beneficial Ownership Information Database
- Cannabis and Hemp Banking Issues
- OFAC Screening
- Right to Financial Privacy Act (RFPA)
- Limited Protections for Partnerships with 5 or Fewer Partners
- Regulation Z (Truth in Lending) – Limited Application to Business Credit Card Accounts
- IRS Information Reporting for Business Accounts
Registration: Registration is per-participant
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Instructor
Carl Pry
Carl Pry is a Certified Regulatory Compliance Manager (CRCM) and Certified Risk Professional (CRP) who is a Managing Director for Treliant Risk Advisors in Washington, DC. Through his working career, ... read more.
Instructor
Keith Monson
Keith Monson serves as CSI’s chief risk officer. In this role, Monson maintains an enterprise-wide compliance framework for risk assessment and reporting, as well as other key components of CSI’s ... read more.
Instructor
Patti Joyner
Patti Joyner (formerly Blenden) founded Financial Solutions in 1990 to provide community financial institutions solutions for the ever-increasing need for cost-effective regulatory risk management. Th... read more.