Michael Christians, the principal of Michael Christians Consulting, LLC, assists financial institutions and organizations across the country by ensuring their compliance programs conform to federal laws and regulations. Michael has more than two decades of experience in the financial services industry, with a primary focus on consumer compliance. He obtained his Juris Doctorate from Drake University Law School. He is a member of the Iowa State Bar, where he is licensed to practice law.
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
Regulatory compliance counsel Michael Christians will reveal the current state of HMDA/Regulation C. You will learn what your institution needs to do to comply with the latest updates.
What You'll Learn
What do the new filing instructions for 2022 entail?
How does HMDA’s institutional coverage test work?
What transactions are subject to HMDA?
What are the current data collection requirements?
Leading attorney and compliance expert Michael Christians will reveal the requirements of Regulation DD. You will learn how to ensure your institution adheres to the Truth in Savings Act to protect your customers and please regulators.
What You'll Learn
What disclosures must you provide for new accounts?
What are the subsequent disclosure requirements?
When should you send statements? What information must they contain?
How may you advertise deposit account products?
Are you required to provide notifications of policy changes?
Leading attorney and compliance expert Michael Christians will explain your consumer privacy obligations. You will learn how to protect the personal information of your customers.
What You'll Learn
What are the notice requirements under Regulation P?
How should you provide consumers a reasonable opportunity to opt-out of information sharing?
What are the limits on the re-disclosure of information?
Under what exceptions may you release financial information to a federal government agency?
Leading attorney and compliance expert Michael Christians will explain the details of the alphabet regulations relating to deposit accounts and operations. In four information-packed training sessions, you will learn how to protect your customers and your institution.
What You'll Learn
Updated Requirements For Funds Availability (Details Of Regulation CC)
Truth in Savings Act and Regulation DD
Electronic Fund Transfers Act and Regulation E
Privacy of Consumer Financial Information and Regulation P
Leading attorney and compliance expert Michael Christians will explain the critical details of Regulation V. You will learn how to ensure your institution adheres to FCRA requirements for reporting consumer information to credit reporting agencies.
What You'll Learn
What are the rules for affiliate marketing?
How should you ensure the accuracy and integrity of the information provided to consumer reporting agencies through policies and procedures?
What are the rules related to extending a firm offer of credit?
Leading attorney and compliance expert Michael Christians will explain the many details of Regulation X. You will learn how to ensure your institution adheres to the RESPA requirements to protect consumers.
What You'll Learn
What kickbacks and unearned fees does Section 8 prohibit?
How should you structure escrow accounts?
What homeownership counseling notice must you provide?
What are the other requirements for servicing a mortgage loan?
When can you commence a foreclosure action against a delinquent borrower?
Regulatory compliance counsel Michael Christians will provide an in-depth analysis of adjustable-rate mortgage requirements, including highlighting pandemic-induced changes. You will learn how to ensure your financial institution’s compliance.
What You'll Learn
What additional application disclosures are required for ARM loans?
How should you handle rate adjustment notices?
How can you prepare for the discontinuation of the LIBOR index?
Scheduled for 60 minutes including question and answer period.
Leading attorney and compliance expert Michael Christians will demystify Regulation CC and detail the latest updates. You will learn when financial institutions must make funds available to depositors and how to use exceptions to these rules effectively to protect your institution.
What You'll Learn
When must funds be made available the next day?
What are the general availability rules for all types of deposits?
How should you use exception holds?
What are the initial and subsequent disclosure requirements?
Scheduled for 60 minutes including question and answer period.
Leading attorney and compliance expert Michael Christians will explain the latest CFPB updates and the details of Regulation C. You will learn how to ensure your institution adheres to current requirements for reporting information on mortgages.
What You'll Learn
What are the changes to the transaction reporting thresholds?
How does the HMDA institutional coverage test work?
What transactions are subject to reporting?
What are the requirements for data collection?
How must you record, report, and disclose HMDA data?
Scheduled for 60 minutes including question and answer period.
Leading attorney and compliance expert Michael Christians will reveal the proposed changes to the qualified mortgage and ability to repay requirements. You will learn how to protect both your financial institution and your borrowers.
What You'll Learn
What changes are proposed to the definition of a qualified mortgage?
Scheduled for 60 minutes including question and answer period.
Regulatory compliance counsel Michael Christians will lead you through a deep dive into the right of rescission. You will learn the who, what, when, why, and how of the three-day right to cancel.
What You'll Learn
Who is entitled to exercise the right to cancel?
What are the effects of rescission?
When do borrowers/owners exercise the right to cancel?
Regulatory compliance counsel Michael Christians will help your financial institution fine-tune its TRID compliance. You will learn how to avoid common areas and discover process improvements.
