Community banking expert Dawn Kincaid will show you how to avoid mistakes when preparing consumer loan documentation. You will learn how to review files, ensure compliance, and protect your institution.
Topics Covered
- How can you review a consumer application for completeness?
- What are the requirements for credit report usage?
- For which loans must GMI be collected?
- What checklists should you use to verify loan file documentation?
- What are the best practices for documenting BSA requirements?
- What key regulatory items should you look for when auditing loan files?
Training Overview
Avoid consumer loan documentation mistakes. Learn the latest compliance requirements.
With the surge of loans during the pandemic, it is more critical than ever to ensure all of your financial institution’s documentation is in order. The thickness of an average loan file has grown from being measured in millimeters to inches. Residential real estate loans require a substantial volume of documentation.
Compliance staff are often responsible for reviewing these loan files either during the underwriting and approval process or in the days after the loan is closed. With so many regulations governing loan compliance, you need to know what documents are required and the essential things to verify on each.
- How can you review a consumer application for completeness?
- What are the requirements for credit report usage?
- For which loans must GMI be collected?
- What checklists should you use to verify loan file documentation?
- What are the best practices for documenting BSA requirements?
- What key regulatory items should you look for when auditing loan files?
Who Should Attend?
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Loan officers
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Loan operations personnel
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Branch managers
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Compliance officers
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Internal audit
Expert Presenter
Dawn Kincaid
- Began her banking career while attending The Ohio State University
- 20 years’ experience in client service, operations, information technology, administration, board relations, marketing, and compliance
- Most recently, Senior Vice President of Operations for a central-Ohio-based community bank
- Has served in the roles of compliance, BSA/AML, CRA, privacy, and security officer