Loans provide substantial income to financial institutions while offering a valuable service to clients and members. They also bring risk and necessitate adhering to innumerable government regulations. Through the sessions provided in this pathway, you will learn the details of lending, including regulations and management.
Financial regulatory expert Rheanna Rodriguez will explain the details of the new Section 1071. You will learn how to gather the necessary data and prepare the reports you will need for full compliance.
Does the rule apply to your institution?
How can you ease the stress of implementing the new rule?
What is the scope of Section 1071?
What 21 data fields are required?
What resources and staffing will you need to implement the rule?
How will your compliance, CRA, and lending programs need to adapt?
Financial institution risk expert Dev Strischek will provide the details you need to underwrite commercial loans effectively. You will learn how to reduce risk for your bank or credit union in today’s rapidly changing economic environment.
Benefits of Certification
Master the current laws and regulations
Examine commercial loan applications in the context of today’s economy
Update your institution’s practices
Demonstrate your competence to managers, regulators, and customers
Commercial lending expert Dev Strischek will provide deep insights that will enable you to underwrite loans with less risk and greater reward. You will learn how to evaluate borrowers through the lens of 2022 regulations, rates, and requirements.
Commercial lending expert Dev Strischek will share the details of how new GAAP lease capitalization standards affect financial institutions. You will learn how to evaluate borrowers under the new rules.
What You'll Learn
What are the key elements of the lease capitalization changes?
How does lease capitalization put both the lease liability and the right-of-use asset on the borrower’s balance sheet?
What items of financial condition and performance will the updates impact most?
How should you underwrite borrowers under the new GAAP?
Fair lending expert Rheanna Rodriguez will walk you through necessary policies and best practices. You will learn how to conduct a fair lending review of your institution’s lending programs using the FDIC fair lending scoping and conclusions memo.
What should your fair lending program include?
How can you enhance your existing fair lending program?
What are the fair lending risks at your institution?
How can you conduct a fair lending analysis?
What are the best practices for reviews, data collection, and analysis?
How will FDIC leadership changes affect fair lending scrutiny?
Regulatory compliance counsel Michael Christians will share concrete steps you can follow to replace the LIBOR index in your institution. You will learn how to select an alternative, implement changes, and communicate with your borrowers about the transition.
What You'll Learn
Why is the LIBOR index being replaced?
What replacement index should you use?
What are the transition requirements for your products?
Nationwide compliance consultant Molly Stull will distill the essential details from these massive documents and explain how to apply them to your institution. You will learn how to prevent conduct that violates the prohibition on harassing, oppressive, or abusive actions during the debt collection process.
How do the November 2020 and December 2020 Final Rules work together?
What critical terminology and definitions can help you understand the FDCPA?
How do multi-channel rules affect emails, text messages, and voicemails?
How should you calculate call restrictions?
What prohibitions on time and place exist?
How should you handle written disputes from a consumer?
What are the components of the Model Validation Notice?
How should you calculate the timing of a validation notice?