Handling Loan Applications - Required Training for Loan Originators
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. START 2015 BY COMPLETING A TRAINING REQUIREMENT.
- 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 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?
- Overview of changes for “Integrated Disclosures” beginning August 1, 2015 will be included
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.
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.
|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. All registrations for a live event will be given access to the OnDemand recording, at no additional cost, for seven days following the event. This will allow a flexible alternative when last minute conflicts intrude on scheduled events.
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+
|Currently Scheduled Dates For This Webcast|
|Handling Loan Applications - Required Training for Loan Originators||CD/On-Demand||$295.00||
Call Report For Banks: Basel III & Other Recent Changes
Your Renter Dies: Who Can Access The Safe Deposit Box Now?
Critical Issues With Certificates of Deposit (CDs)
Completing The SAR: Line By Line
Bank Call Report Preparation for Beginners - Five Part Webinar
Fundamentals of SBA Lending: Documenting, Closing and Funding the SBA Loan
Document Retention and Destruction Policies for Financial Institutions
CFPB Mortgage Disclosure Rules: New Requirements and Impacts on the Mortgage Industry
Right of Setoff
Marketing & Advertising Compliance - The First UDAAP Hotspot
Fair Lending and Reg B For The Frontline
Basic Cash Flow Analysis
Certified Regulatory Vendor Program Manager
Opening Accounts for Nonresident Aliens: New W-8BEN, W-8BEN E and Due Diligence Rules
Appraisal Review for Residential Mortgage Decisions