Lending compliance management is a complex process for many institutions.
Failure to correctly manage the lending process can - and will - impact your bottom line in penalties, fines, damaged relationships, loss of opportunities, and damaged reputations.
Additionally, many lenders struggle with how to mitigate the inherent risks associated with making loans. Compliance risks must be managed the same as all the other risks, yet managing these risks requires labor intensive and costly training, controls, procedures, review, analysis, and reporting.
This audio conference traces a residential loan transaction from first contact to final collection, and was developed for Compliance Officers, Lenders, Loan Processors, Audit Personel, and Lending Managers.
It will help you and your staff answer questions like "How do you review and analyze each loan application for risk?" and "What areas should you spend the most time on?"Learning Objectives
The focus of this audio conference is on each phase of the lending process and what each staff member must do to comply with the highest risk areas of the federal compliance regulations. The material disclosures, reporting requirements, and LATEST UPDATES of the following regulations will be discussed, plus:
About Your Speaker:
- Reg. Z, Truth in Lending
- Reg. B, ECOA
- Fair Credit Reporting Act
- Fair Housing Act
- Reg. C, HMDA
- Flood Disaster Protection Act
- Reg. X, RESPA
- Reg. O, Loans to Insiders
- How to review and analyze each loan application for risk
- The areas in which you should spend the most time
Denny Deischer, Vice President Educational Services for the Missouri Bankers Association (MBA), brings 35 years of experience in the financial industry. He is widely known as a speaker and instructor on compliance topics at conferences, seminars, and teleconferences sponsored by national and state banking trade associations.
Denny was previously manager for KPMG Barefoot Marrinan where he presented seminars for numerous trade association groups and clients. He also consulted on all aspects of consumer compliance for banks and savings institutions.
Prior to working for KPMG, Denny was one of the country's most senior compliance regulatory officials, serving with the OCC for nineteen years, sixteen of which were as a specialist in the compliance area.