Equal Credit:
Trouble Spots, New Stuff and Common Mistakes
applications, advertising, adverse action and more -- -- what you need to know to get it right.

Presented by:
Mary Beth Guard, Esq.

Purchase the Archive Webcast

Materials (only available to registered users)

WEBINAR OVERVIEW
Regulation B and the Equal Credit Opportunity Act ("ECOA") prohibit discrimination on a prohibited basis in every aspect of credit, from the way you advertise to what you charge and the collateral you require.

It's easy to rattle off the list of prohibited bases. Far harder, however, is understanding what actions are permissible, and precisely which ones are not. This webinar breaks it down for you. We'll focus on the common trouble spots and mistakes, and review the latest amendments to the Regulation.

Both hours of this program are perfect for compliance and audit officers. The first hour will be designed for you to bring in your lending personnel for a quick refresher on what's legal, what's not.

You'll learn about:
  • What you can and cannot ask, say, or do
  • Collecting monitoring information - when and how
  • Joint application issues
  • Should you self test? What's involved?
  • Adverse action triggers, reasons, notifications and timing
  • Incomplete applications, counteroffers, and other special situations
  • Common mistakes on making copies of appraisals available
  • When an inquiry or prequalification request becomes an application
  • Restrictions on requiring cosigners and guarantors
  • New wrinkles in record retention
  • How OFAC and 314(a) or 326 lists fit into the loan process
WHO SHOULD ATTEND
Compliance officers, auditors, and lenders will benefit from attending this program.

About the speaker:  Mary Beth Guard
Mary Beth Guard has been teaching financial privacy to bankers since the early 1990s and has authored more than a hundred articles on private-related subjects. In addition, she has created privacy cheat sheets and matrices used by thousands of bankers nationwide. Currently serving as Executive Editor of BankersOnline.com, Mary Beth has had a long and distinguished career, focusing on the banking industry since 1984. Previously, Mary Beth served as EVP/General Counsel and COO for the Oklahoma Bankers Association and General Counsel for the Oklahoma State Banking Department.

About the seminar:
One registration is required per location. If the complete broadcast is received via the computer the AUDIO and VIDEO COMPONENTS can be connected to an A/V projector to allow multiple participants to view the conference. If the audio portion of the broadcast is received via the telephone the AUDIO portion can be placed on speaker phone to allow multiple participants. Interactive components delivered via Web include slides, online polls and interactive Q&A via chat.

Each registration also comes with one ARCHIVED viewing of the event. This will enable you to participate in the LIVE event as well as train additional staff from the ARCHIVED event.

Handouts will be provided and we welcome questions during and after the seminar, as well as in advance. Questions received after the seminar will be posted on a special Web page for later viewing by seminar attendees.


Contact Information: Billing questions can be directed to Carin Eisenhauer, carin@bankersonline.com. All other questions may be directed to mpetry@bankersonline.com

TEST YOUR SYSTEM: Click below to test receiving the presentation using Windows Media Player.