Lending Compliance Update Two-Part Webinar Recording


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2023 was a busy year for compliance officers.

Section 1071 of Regulation B was finalized in March, requiring data collection and reporting on small business loans, and the interagency ruling on the Community Reinvestment Act (CRA) modernization came down in late October. Not to mention that the DOJ’s enforcement action initiatives lead to an increase in redlining cases.

We often hear that “keeping up” is the most important training goal for compliance and lending personnel. The steady stream of new consumer laws and regulations has been continuously supplemented by revisions of previously issued regulations and often, compliance errors occur simply because the lender was unaware of the change. This two-part series is a comprehensive review and update on every lending compliance development from the last 12 months.

This on -demand program goes into detail on every lending compliance development in 2023 including, but not limited to:

  • Truth in Lending/Regulation Z
    • Semi-annual Daylight Savings Time adjustment;
    • Adjustments to annual thresholds;
  • HMDA/Regulation C
    • Revised volume thresholds for closed-end credit, effective Janaury 1, 2023;
    • Updated HMDA Guide;
    • Updated FIG Guide;
  • Community Reinvestment Act
    • The interagency final ruling released in October 2023
  • ECOA/Regulation B/Section 1071 Small Business Data Reporting
    • Adverse Action based on credit models;
    • Expanded definition of Sex
    • Final rule to require data collection and reporting for small business loans;
  • Fair Housing Act
    • Redlining cases;
    • Property appraisals;
  • Flood Insurance
    • Private Policy requirements;
    • What happens when FEMA insurance lapses:
    • Expanding discrimination Prohibition to deposit accounts;
  • Attack on Bank Fees
  • Junk Fees
  • And more.

You’ll come away with a working knowledge of recent changes and the tools you need to develop a plan to implement pending changes at your institution.

This on-demand program is designed for compliance officers, loan officers, legal counsel, auditors and others who are familiar with the basic requirements of the covered regulations.