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 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.
A Commercial Loan Underwriting Certification will enable you to:
Master the current laws and regulations
Examine commercial loan applications in the context of today’s economy
Update your institution’s practices
Reduce risk
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.
Topics Covered
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?
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
Legal expert Daniel Cotter will explain how the end of the foreclosure moratorium will affect your financial institution. You will learn how to handle mortgages currently in default.
What You'll Learn
How does the Supreme Court decision limit you from proceeding with foreclosures?
What impact does the pandemic continue to have on defaults?
What action should you take since the moratorium ended?
How do student loan debt protections affect financial institutions?
What will increased defaults mean for your institution?
Legal expert Daniel Cotter will explain how the end of the foreclosure moratorium will affect your financial institution. You will learn how to prepare now for July 31.
What You'll Learn
What impact does the pandemic continue to have on defaults?
What should you do when the moratorium on home foreclosures ends?
How do student loan debt protections affect financial institutions?
What will increased defaults mean for your institution?
Legal expert Daniel Cotter will distill the essential details of the CFPB June 16 interpretive rule. You will discover the impact of the resumption of MLA investigations and learn how to prepare.
What You'll Learn
What does the Military Lending Act cover?
Who is subject to the MLA?
What does the CFPB’s change in position mean for your institution?
How should you prepare now for examinations to resume?
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.
Topics Covered
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?
Community banking expert Dawn Kincaid will share policies, procedures, checklists, and a sample residential loan appraisal. You will learn how to optimize your appraisal process to ensure accuracy and please examiners.
Topics Covered
What are the appraisal rule requirements and thresholds?
What are examiners’ expectations for appraisals?
When is a full appraisal required instead of an evaluation?
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?
