Webinar: When Loans Change: Handling Refinancings & Modifications
February 26, 2026 3:00 pm - 4:30 pm
When a borrower asks to change a loan today, the wrong move can trigger hidden compliance traps, surprise disclosures, and costly do overs for your institution.
Discover how to confidently decide whether to say yes, what changes to make, and exactly when new disclosures, appraisals, flood determinations, and rescission rights really apply in this thorough session.
KEY WEBINAR TAKEAWAYS
- New disclosures required when a loan is changed
- When to obtain a new flood determination, order a new appraisal or evaluation, or order a new credit report, among other requirements
- Fair lending requirements that apply when changing a loan
- When changing an existing mortgage loan becomes HMDA-reportable
BONUS MATERIALS
- Website links to all applicable legal and regulatory requirements
- Helpful charts to better understand the various requirements
WEBINAR DETAILS
Making changes to an existing loan can be a challenging endeavor, especially in today’s dynamic regulatory environment. Lenders face requests to change loans for a variety of reasons, whether it be to obtain better terms, extend loan terms, or perhaps because of delinquency or default. What are the relevant compliance implications when dealing with these requests? What types of disclosures must be provided, if any? Must new appraisals or flood determinations be obtained? Must rescission rights be provided? We’ll provide answers to all these questions and more.
This webinar will deal with the ins and outs of making changes to loans of all types. We’ll discuss the compliance and legal requirements, operational challenges, and impacts to borrowers, guarantors, and other parties to the loan. We’ll also deal with the threshold question: should the lender grant the borrower’s request in the first place (and if so, what accommodations or changes should be made)?
WHO SHOULD ATTEND?
- Loan officers
- Lending and operations management
- Compliance professionals
- Auditors
- Legal staff
TAKE-AWAY TOOLKIT
- 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: Carl Pry
Carl Pry is a senior advisor at Asurity Advisors and the founder of PryHart Compliance Services, Inc. He holds a JD and an MBA from the University of Toledo and a BSBA from Bowling Green State University. He is a seasoned executive with banking law, corporate finance, and regulatory compliance experience in Fortune 500 institutions, regional banks, and industry consulting firms.
Over the last 35 years, Carl has held senior leadership positions at Treliant LLC, KeyBank, Accenture, and the Kirchman Corporation. He is a frequent contributor to and currently serves as co-chair of the Editorial Advisory Board for the ABA Risk and Compliance Magazine. He has served as an instructor at FDIC examiner school and as a back-up instructor at NCUA examiner school. He has authored training programs covering consumer and commercial compliance, audit, quality control, tax, privacy, and risk management, among others.