Webinar: Military Lending Act & Servicemembers Civil Relief Act
May 27, 2025 3:00 pm - 4:30 pm
How familiar are you with the MLA and SCRA?
Do you know about the recently issued guidance and how it may affect your institution? Can you identify which servicemembers and dependents are covered now? Do you understand the Acts’ protections and disclosure requirements? If you want to ensure your institution is complying with its military lending obligations, then this is the webinar for you!
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Understand how to comply with the requirements and recent guidance from the Department of Justice and the CFPB affecting both the Military Lending Act (MLA) and the Servicemembers Civil Relief Act (SCRA)
- Distinguish between the requirements of the MLA and SCRA
- Explain which servicemembers and dependents are covered by the expanded MLA and SCRA
- Understand the MLA and SCRA protections and explain the disclosure requirements
- Ensure MLA and SCRA compliance at your institution
WEBINAR DETAILS
Failure to comply with the MLA and SCRA can expose your institution and employees to significant penalties, including criminal charges, civil damages, and reputation loss. Notwithstanding their importance, many institutions struggle to understand all the obligations imposed by the MLA and the SCRA and how to monitor for compliance. This webinar will help you understand the various requirements, including when they are applicable and to whom, and will provide a takeaway tool that can be used to monitor and ensure compliance with these regulations.
WHO SHOULD ATTEND?
This informative session is designed for all loan personnel, including loan officers, loan operations staff, credit administration personnel, managers, collectors, compliance officers, and attorneys.
TAKE-AWAY TOOLKIT
- Compliance checklist
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
Speaker: Shelli Clarkston, Spencer Fane LLP
Shelli Clarkston is an attorney with Spencer Fane LLP where she provides financial institutions with proactive legal counsel on regulatory and compliance matters. She received her law degrees from the University of Missouri – Kansas City and her undergraduate degree from the University of Nebraska – Lincoln. In addition, she has a master’s degree from Doane University.
Before joining Spencer Fane, Shelli was the Risk and Compliance Officer for a financial services technology platform with one of the world’s largest technology companies. She oversaw the platform’s regulatory compliance and handled all risk-related matters. She also has experience as general counsel for a community bank, where she managed all legal, regulatory, compliance, and corporate matters.