Handling Loan Applications - Required Training for Loan Originators
|Date / Time:
Do you know how the term "application" is defined in all of the lending regulations? Do your lenders and front line staff understand the difference between applications and inquires? Join this fast-paced webinar to understand the application process with step by step instructions and actual examples that explain the requirements of several confusing regulations in terms that are easy to understand
BONUS! - Reg Z now REQUIRES that loan originators have "periodic training" to ensure "knowledge of Federal legal requirements that apply to the individual loan originator's loan origination activities." (Source: 1026.36(f)(3)(iii) commentary). ATTEND THIS SESSION TO SATISFY A PORTION OF THE REQUIRED COMPLIANCE TRAINING for all LOAN ORIGINATORS.
- Learn what specific information will help you to handle applications correctly.
- What are the top five mistakes made in application processing?
- What are the timing requirements regarding applications?
- When does an application have to be in writing? Does it have to be signed?
- What are the signature rules for applications?
- Learn about the required disclosure for the "Right to Receive a Copy of Appraisal". Who gets the notice and what are the timing rules? (NOTE: This NEW requirement became effective January 18, 2014).
- How do you properly document the "joint intent" to apply?
- When is an adverse action notice required? What must it contain? Who receives one?
- When can you pull a credit bureau? What documentation should be kept?
- When can a co-signer be requested?
- What are some practical suggestions and best practices?
Who Should Attend
This interactive session is a cost-effective way to gain a greater understanding of the rules about accepting and processing applications. This informative session will benefit loan officers, loan assistants, loan operations staff, compliance officers, auditors, and trainers. Presenter
Susan Costonis is a compliance consultant and trainer. She also has an affiliation with gettechnical inc. as an associate trainer. Her 34 year career in banking and training began with 20 years at First National Bank an affiliate Wells Fargo Bank, in Fort Collins, CO. Susan has been a bank compliance consultant or compliance officer in Louisiana since 1998. During her career, Susan has successfully managed compliance programs and exams for institutions supervised by the OCC, FDIC, and Federal Reserve. Susan regularly presents training to several state banking associations and specializes in compliance management, lending, and Fair Lending issues. She is a Certified Regulatory Compliance Manager and completed the ABA Graduate Compliance School. Susan also graduated from the University of Akron with a B.S in Art Education and the Graduate Banking School of the University of Colorado. firstname.lastname@example.org (e-mail)
Cannot Attend The Live Presentation?
This presentation is also available in a recorded format, in On-Demand Or CD versions, as shown in the pricing options below.
|About Webcasts / Audio Conferences / Podcasts:|
Webcasts, audio conferences, and podcasts are presentations that you
attend via the Internet, phone, or mobile device at a specified date and time for "live" versions, or at your convenience for "recorded" and "On-Demand" versions.
versions are interactive, meaning that participants can ask questions in real time, plus are a very cost-effective form of training because 1) you receive fast, convenient learning without
any out-of-office time; 2) you can invite as many colleagues as you'd like to listen in on a single phone line; 3) you incur no travel expenses; and 4) you and your colleagues are back
at work immediately after the session ends!
And though with recorded versions you do lose the ability to ask questions, you gain the ability to hear the presentation numerous
times and to share it with others in your office.
Handout materials and the phone number for live presentations are made available to you prior to the event via email from the
presenter and from the "MyAccount" link on the menu bar. Copies of the presentations are included with recorded versions.
|Licenses / Designations / Educational Credits:||CEU|
All US States: 2.5
All Canadian Provinces: 2.5
|About The Provider:
||Since 1983 Total Training Solutions has produced dozens of videotapes, CD-Roms, DVD's and web-based training modules. In addition to off-the-shelf products, Total Training Solutions also develops custom training products and consults with financial institutions to develop their own training curriculum.
For timely delivery of training topics, webinars or web conferencing is an unbeatable option. We now offer over 100 live programs per year and you can even purchase the recorded or ondemand session if you are unable to attend the live program.
We have worked exclusively with the financial industry since our founding. Because of this, we understand the needs of training departments in financial institutions and are alert to changes which affect the industry.
Attend the live session with the opportunity to ask questions to the presenter. You also receive a link to the handouts.
CD-Rom includes audio and video of recorded webinar plus hard copy handouts. You will also receive 6 months access to the OnDemand weblink as an added free bonus.
Includes a weblink for unlimited viewing for 6 months after the date of the webinar as well as a link to handouts.
Live + Recorded:
Includes all three options above. Live session, OnDemand Weblink, and CD-Rom plus Hardcopy Handouts.
Live + OnDemand:
Includes two of the options above. Live session and 6 months access to OnDemand Weblink plus link to handouts.
||Contact Us For More Information
||Share on Facebook
Share on Twitter
Share on Google+
IRS Reporting Requirements: What You Need to Know About the Rules and Forms
Compliance With The New PCI DSS Credit Card Security Standards
BSA for the Frontline
BSA Red Flags for Money Laundering
ALERT! New W-8BEN, W-8BENE and W-9
Certified Regulatory Vendor Program Manager
Top Ten Mistakes on Deposit Compliance Exams
Commercial Loan Stress Testing Fundamentals
Internal Investigations Certificate Program
Qualified Financial Advisor (QFA)
Commercial Mortgage Training Program
Opening Deposit Accounts: Types of ID
Using Business Tax Returns to Analyze Lending Requests
What To Do When Applicants Or Employees Have A Criminal History
CSA Certified Senior Advisor