Member Fee (Live or Recording): $495 per connection for all 3 parts
Non-Member Fee (Live or Recording): $595 per connection for all 3 parts
Click here for brochure (for 3 part series)
ABA Professional Certifications Continuing Education Credit (For live webinar option only for all 3 parts)
This program has been approved for 6.0 CRCM credits by ABA (American Bankers Association) Professional Certifications. Certified professionals will report these credits at aba.csod.com.
Click here for information on Part 2 on May 24
Click here for information on Part 3 on May 26
Part 1 will provide an overview of the lending compliance priorities and changes in 2022. This general session is a great introduction for those new to the lending process, as well as an important review for the experienced lenders, audit & compliance professionals.
The focus of 2022 is predicted to include:
- Fair Lending
- Technology and consumer protection
- Consumer product digital marketing & potential UDAAP violations
- Community Reinvestment Act focus
- Fair Credit Reporting Act violations
What you will learn:
- What violations do examiners cite most frequently in lending compliance exams?
- What are the current “red flags” in Fair Lending? This section includes a review of recent enforcement actions, consequences of violations, and tips to avoid fair lending pitfalls.
- Regulatory expectations for consumer protection
- Advertising basics for lending and potential UDAAP issues
- CRA performance evaluation components
- The top 10 issues for FCRA (Fair Credit Reporting Act)
This webinar series is designed to explain the basic requirements for lending compliance in terms that someone new to lending compliance can understand. It will also be an effective review for experienced lending personnel and employees who are responsible for an effective compliance management system. The series benefits lenders, loan support personnel, auditors, and compliance officers.
Susan Costonis is a compliance consultant and trainer. She specializes in compliance management along with deposit and lending regulatory training. Susan has successfully managed compliance programs and exams for institutions that ranged from a community bank to large multi-state bank holding companies. She has been a compliance officer for institutions supervised by the OCC, FDIC, and Federal Reserve. Susan has been a Certified Regulatory Compliance Manager since 1998, completed the ABA Graduate Compliance School, and graduated from the University of Akron and the Graduate Banking School of the University of Colorado. She regularly presents to financial institution audiences in several states and “translates” complex regulations into simple concepts by using humor and real life examples.