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CFT
Webinars are purely educational. Instructors are not permitted to sell any
products or services during the presentation.
Program
Content:
Which
regulations apply to commercial loans that are secured by real estate? Are
there any exceptions when the real estate is taken as "an abundance of
caution"? When do examiners assess civil money penalties for
compliance violations?
Do your
commercial lenders and support staff understand the data collection
required for HMDA-reportable applications? Is a written application
required for a business-purpose loan? Real-life examples are used to
explain how applicable regulations apply during the commercial loan
application process.
Covered
Topics:
- Overview of commercial loan compliance hot spots,
including Fair Lending laws, Flood Disaster Protection Act, accommodation
loans, HMDA, and insider lending
- High-level review of BSA requirements, including
the new Beneficial Ownership Rules for Legal Entity Customers that
became effective May 11, 2018
- How to determine whether the application is for a
business or consumer purposes
- Compliance requirements when real estate is taken
as collateral
- Compliance requirements for Regulation B appraisal
rules on loan applications secured by a first lien on 1-4 family
dwellings (there is no "business-purpose" exception)
- Common commercial loan violations when real estate
has been taken as collateral
- Overview of HMDA requirements and review of the
rules for business-purpose loans that became effective January 1,
2018. Some financial institutions may be eligible for partial
exemptions of some of the data fields if they meet the lower threshold
limits announced on August 31, 2018.
- Flood insurance challenges with commercial
buildings and collateral, including new rules for "detached
structure on residential property" with a commercial purpose
- What are some common compliance violations in the
commercial loan area when real estate has been taken as collateral?
- Flood insurance violations can be costly. What are
some of the unique challenges with commercial buildings and collateral?
- There are four "trip wire" events for
flood insurance. Learn about the revised rules for "detached
structures on residential property", this can include business
purpose loans.
BONUS
TOOLS:
- Matrix of 28 loan types; required disclosures for
both consumer and commercial loans with explanations about real estate
secured loans.
- Checklists that outline which compliance
regulations apply to commercial credit and the exemptions for certain
rules.
- HMDA flowchart and tips for 2019 reporting activity
Who
Should Attend?:
This
informative session is designed for Commercial Lenders, loan assistants and
processors, loan operations staff, compliance officers, and auditors.Please forward email to appropriate
person(s).
Instructor:
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.
What
Is A Webinar?:
A
webinar combines the clarity of an audio teleconference with the
interactivity and visual presentation of the internet. All you need to
participate is a telephone and an internet connection. Even if you don't
have an internet connection, you can still participate in the audio
session. Listening to the program over the telephone and following the
written materials is an effective alternative!
Unable
To Attend?:
No
problem. You can purchase a recording of the webinar for future use. You
can choose from either an On-Demand Web Link (Good for 6 months from the
webinar date, unlimited use) or a CD-ROM (includes a paper copy of the
PowerPoint slides).
Viewing
Options (all options include applicable handouts):
All
options include applicable handouts. You can choose to pay by credit card
or be billed. Additional Live Webinar connections are $75 each.
Option 1: Live
Webinar and 7 Days OnDemand Video Playback - $265
Option 2:
OnDemand Video (six months access) - $295
Option 3: Live
and 6 Months of OnDemand Video - $365
Option 4: CD-ROM
Video (Includes OnDemand Video) - $345
Option 5: Entire
Package (all of the above) - $395
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