Lending compliance violations can be costly in terms of time, resources, and reputation. Examiners are increasingly identifying violations. Do you know how to test for compliance weaknesses? Once identified, how do you correct them? This worthwhile webinar will help you learn from others’ mistakes and get your house in order.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Use regulatory resources to research examiner-identified compliance issues
- Identify and correct TRID errors
- Understand RESPA’s marketing limitations
- Define when a new flood determination is required
- Track and respond to consumer complaints
- Explain the timing and requirements of ATR/QM changes
The number of examiner-identified regulatory violations is on the rise. Last year 54% of issues cited by examiners were related to TILA, FDPA, and RESPA. This webinar will review these issues and provide tools and best practices to test for these compliance weaknesses and implement corrective action if needed. Recent regulatory orders will be examined to show how to avoid the mistakes of others and identify potential fraud in your own institution. In addition, the ATR/QM issues you will face in the near future will be addressed.
WHO SHOULD ATTEND?
This informative session is designed for loan officers, loan operations personnel, compliance officers, and internal auditors.
- Links to important regulatory resources
- Formulas to test TRID calculations
- Tolerance fee chart
- Regulatory testing and monitoring documentation
- Flood insurance determination form
- ATR/QM fact sheet
- Employee training log
- Interactive quiz
SPEAKER: Dawn Kincaid, Brode Consulting Services, Inc.
Dawn Kincaid began her banking career while attending The Ohio State University. She has 20 years’ experience in client service, operations, information technology, administrative and board relations, marketing, and compliance. Most recently Dawn served as the Senior Vice President of Operations for a central-Ohio-based community bank, where she created and refined policies and procedures, conducted self-audits and risk assessments, and organized implementation of new products and services. Dawn has served in the roles of Compliance, BSA/AML, CRA, Privacy, and Security Officer. She has led training initiatives, prepared due diligence information, completed a variety of regulatory applications, coordinated internal and external audits and exams, and presented for numerous state associations.