6 New Truths In Lending Thresholds For 2022

with
Michael R. Christians
On-Demand
$99.00
Training Includes:
  • Certificate of Attendance
  • All resources and training materials
  • An on-demand recording will be available after the live presentation.

Leading attorney and compliance expert Michael Christians will reveal the proposed changes to the Regulation Z requirements. You will learn how to adapt before 2022 begins.

What You'll Learn

  • The minimum interest charge for credit card accounts
  • Safe harbor amounts for credit card penalty fees
  • Points and fees thresholds for high-cost mortgages
  • Loan amounts for the qualified mortgage pricing test
  • Points and fees thresholds for qualified mortgages

Training Overview

Explore proposed qualified mortgage and ability to repay requirements. Prepare for Regulation Z changes.

Each year, the Consumer Financial Protection Bureau (CFPB) is required to adjust several thresholds under Regulation Z based on any annual percentage change to the Consumer Price Index (CPI). This is a year of significant CPI change, requiring dramatic adjustments and forcing your institution to take steps to comply.

  • The minimum interest charge for credit card accounts
  • Safe harbor amounts for credit card penalty fees
  • Points and fees thresholds for high-cost mortgages
  • Loan amounts for the qualified mortgage pricing test
  • Points and fees thresholds for qualified mortgages

You need a clear understanding of the updates to prepare for necessary changes to your financial institution’s policies and procedures.

Who Should Attend?

  • Loan officers
  • Loan processors
  • Marketing staff
  • Compliance officers
  • Auditors
  • Risk management staff
  • Lending department managers

Expert Presenter

Michael R. Christians

  • Principal of Michael Christians Consulting, LLC
  • Assists financial institutions and organizations across the country with ensuring their compliance programs conform to federal laws and regulations
  • Provides counsel relative to current rules, assists with the strategic implementation of upcoming regulatory changes, and offers customized education and training services
  • More than two decades of experience in the financial services industry
  • JD from Drake University Law School
  • Member of the Iowa State Bar

For Teams

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