9:00 am – 10:30 am HST
12:00 pm – 1:30 pm PT
1:00 pm – 2:30 pm MT
2:00 pm – 3:30 pm CT
3:00 pm – 4:30 pm ET
Are you properly documenting consumer loans? Are your checklists up to date for each type of loan? Not sure? Don’t miss this opportunity to learn best practices and how to avoid the top 10 consumer loan documentation mistakes.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Review a consumer loan application for completeness
- Explain credit report usage and requirements
- Distinguish which loans require collection of government monitoring information (GMI)
- Use provided checklists to verify loan file documentation
- Discuss best practices for documenting BSA requirements and identity theft verification
- Identify the key regulatory items to review when auditing loan files
Over the last several years the thickness of an average loan file has grown from millimeters to inches. This is especially true for residential real estate loans. Compliance staff are often responsible for reviewing these loan files either during the underwriting and approval process or in the days after the loan is closed. But with so many regulations governing loan compliance, what exactly is required? What documents should be in the files and what must be verified on each? This robust session will address how to avoid mistakes when preparing consumer loan documentation.
Attendance certificate provided to self-report CE credits.
WHO SHOULD ATTEND?
This informative session is designed for loan officers, loan operations personnel, compliance officers, and internal auditors.
- Loan compliance matrix
- Consumer loan documentation checklist
- Consumer mortgage loan documentation checklist
- Employee training log
- Interactive quiz
DON'T MISS THESE RELATED WEBINARS!
|"Consumer Loan Underwriting Fundamentals:
Interviews, Credit Reports, Compliance & Debt Ratios"
Wednesday, June 3, 2020
"HELOC Compliance: Disclosures, Documentation, Advertising, Amending & More"
Thursday, February 27, 2020
"Commercial Lending Series: Commercial Loan Documentation"
Wednesday, February 12, 2020
NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.