Top Five Compliance Issues for Commercial Lenders Webinar

When do examiners assess civil money penalties for compliance violations? Do your commercial lenders and support staff understand the data collection required for HMDA-reportable applications? Is a written application required for a business-purpose loan? Real-life examples are used to explain how applicable regulations apply during the commercial loan application process. What are the top FIVE compliance requirements that are cited as violations in the Commercial Lending Area? The webinar includes an overview of including Fair Lending laws, Flood Disaster Protection Act, accommodation loans, HMDA, and insider lending.

High-level review of BSA requirements, including the new Beneficial Ownership Rules for Legal Entity Customers that became effective May 11, 2018 What factors are considered to determine whether the application is for a business or consumer purposes? A high-level review of BSA requirements is also included.

Covered Topics

  • Compliance requirements when real estate is taken as collateral
  • Compliance requirements for Regulation B appraisal rules on loan applications secured by a first lien on 1-4 family dwellings (there is no ‘business-purpose’ exception)
  • Common commercial loan violations when real estate has been taken as collateral
  • Overview of HMDA requirements and review of the rules for business-purpose loans that became effective January 1, 2018. Some financial institutions may be eligible for partial exemptions
  • of some of the data fields if they meet the lower threshold limits announced on August 31, 2018.
  • Flood insurance challenges with commercial buildings and collateral, including new rules for ‘detached structure on residential property’ with a commercial purpose
  • What are some common compliance violations in the commercial loan area when real estate has been taken as collateral?
  • Flood insurance violations can be costly. What are some of the unique challenges with commercial buildings and collateral?
  • There are four “trip wire” events for flood insurance. Learn about the revised rules for “detached structures on residential property”, this can include business purpose loans BONUS TOOLS –
  • Matrix of 28 loan types; required disclosures for both consumer and commercial loans with explanations about real estate secured loans.
  • Checklists that outline which compliance regulations apply to commercial credit and the exemptions for certain rules.
  • HMDA flowchart and tips for 2020 reporting activity
  • Flood insurance resources

Who Should Attend?

This informative session is designed for Commercial Lenders, loan assistants and processors, loan operations staff, compliance officers, and auditors

Continuing Education (CE) Credits

This webinar is recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.

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Related Topics

Instructor

Susan Costonis
Susan Costonis

Susan Costonis is a compliance consultant and trainer. She specializes in compliance management along with deposit and lending regulatory training. Susan has successfully managed compliance programs ... read more.

Course Title Credits Start Date Start Time Delivery Type Delivery Option Instructor / Location Price
Top Five Compliance Issues for Commercial Lenders 0.25 Any Any Webinar Six Month On-Demand Recording Susan Costonis $295.00 Register Now
Top Five Compliance Issues for Commercial Lenders 0.25 Any Any Webinar CD-ROM Video Recording Susan Costonis $345.00 Register Now
Delivery Options

LIVE WEBINAR:
INCLUDES 7 DAYS OF ONDEMAND PLAYBACK! With this option, you will participate in the webinar (via the internet) as it is being presented. You will login to the webinar on your PC to view the PowerPoint presentation, and you have the option of using your PC speakers or a telephone for the audio. You can type and send your questions to the instructor. Many companies are now running their PC through an LCD projector allowing many employees to participate at the same time. And don’t worry if you miss the webinar, you can still view it for up to seven days after it takes place!

SIX MONTH ONDEMAND VIDEO:
With this option, you will receive an e-mail that contains a link to the PowerPoint slides (to download, print, and copy) as well as a link to the media player where you will view and hear the entire webinar just as it was delivered, featuring the full-color PowerPoint presentation with audio. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. The weblink will be available to you (and anyone else in the company) for up to six months and can be accessed 24/7 as many times as you wish. Delivered via e-mail the day after the webinar takes place.

CD-ROM VIDEO:
If you do not have internet access or want to make the webinar part of your training library, the CD-ROM Recording is a great option for viewing a webinar. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. With this option, you will receive a download of the PowerPoint slides and a CD-ROM Recording (featuring PowerPoint presentation with audio) of the webinar via regular mail. Mailed 7 to 10 days after the webinar takes place.

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