Required Compliance for Commercial Loans

Required Compliance for Commercial Loans Secured by Real Estate 

Friday, October 15, 2021
11:00 am – 12:30 pm Eastern

Gain a greater understanding of commercial loan applications, including real estate-secured loans, during this jam-packed program.  Real-life examples will be used to demonstrate how regulations apply and how to comply.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

  • Understand and avoid commercial loan violation “hot spots,” including fair housing, Regulation B, Flood Disaster Protection Act, Fair Credit Reporting Act, accommodation loans, HMDA, and insider lending
  • Use the toolkit resources to comply with requirements when real estate is taken as collateral, including the Reg B appraisal copy rules on first-lien 1-4 family dwellings
  • Correctly identify “detached structure” coverage for flood insurance
  • Explain the documentation requirements for beneficial ownership rules to legal entity loan applicants and complete the required certification process
  • Distinguish between business- and consumer-purpose loan requests
  • Understand the HMDA requirements for business-purpose loans

WEBINAR DETAILS 

Which regulations apply to commercial loans?  What if a loan is secured by real estate?  Are there exceptions when real estate is taken as “an abundance of caution”?  Can examiners assess civil money penalties for 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?  Join us to learn the answers to these questions and more.  

WHO SHOULD ATTEND? 

This informative session will benefit loan officers, loan assistants, loan operations staff, compliance officers, auditors, and trainers.

TAKE-AWAY TOOLKIT

  • Matrix of 28 loan types, including required disclosures for both consumer and commercial loans with explanations about real estate-secured loans
  • Guide that outlines which compliance regulations apply to commercial credit and the exemptions for certain rules
  • Commercial loan application template
  • Employee training log 
  • Interactive quiz

SPEAKER

Susan Costonis, CRCM
Compliance Training & Consulting for Financial Institutions

Susan Costonis is a compliance consultant and trainer who began her career in 1978.  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. 

Attendance verification for CE credits provided upon request.

Webinar Sponsored by Financial Education & Development

If you are having issues with registering online, please contact CBAO's Education, Training & Special Events Coordinator, Patti Webb, (614) 610-1877.

Registration Options (Member/Non-Member Pricing)
Live Webinar ($345/$490) – The live webinar option allows you to have one internet connection from a single computer terminal. You may have as many people as you like listen and watch from your office computer. Registrants receive a website address and passcode that will allow entrance to the seminar. The session will be approximately 90 minutes, including question and answer sessions. Seminar materials, including instructions, passcode, and handouts will be emailed to you prior to the broadcast. You will need the most-current version of Adobe Reader available free at www.adobe.com.

Recorded Webinar + Free Digital Download ($265/$400)– Can’t attend the live webinar? This option provides a recording of the live event, including audio, visuals, and handouts. We even provide the presenter’s email address for follow-up questions. You will receive an email with the recorded webinar link, which can be viewed anytime 24/7, beginning 6 business days after the webinar. You will also receive instruction on how to download a free digital copy of the webinar to your PC, which you may keep and use indefinitely.

Additional Live Webinar Connections ($175/$260)  – Registering another banker from a different location

Both Live Webinar & Recorded webinar + Free Digital Download ($395/$600)– Includes Live Webinar and Recorded Webinar options above.

When
10/15/2021

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