REGULATION Z
Regulatory Hotspots
Presented by:
Jack Holzknecht, Pegasus Educational Services, LLC

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Materials (only available to registered users)

The Truth in Lending Act and Regulation Z have been in effect since 1969. They contain some of the most complex requirements of any consumer protection regulation. New provisions and constant changes increase the difficulty of compliance.

Examiners continue to find violations and often require financial institutions to make restitution to customers whose accounts contain errors. Truth in Lending lawsuits are a persistent problem.

WHAT?
This webinar provides a solution to these problems. Regulatory "hotspots" for both open-end and closed-end loans are reviewed. Solutions include audit and training tips, policy considerations, and simple, cost-effective methods to avoid problems.

"Hotspots" include:
  • Hidden traps in the rules of coverage;
  • Never-ending finance charge issues;
  • Inconsistencies between the initial and periodic disclosures for open-end credit;
  • Problems with the timing requirements for various TIL disclosures;
  • Hidden dangers in the "fed" box;
  • Right of rescission concerns; and
  • Evolving pricing issues.
WHY?
Regulation Z is regularly at the top of the list of most common violations. Everyone wants to avoid problems associated with the regulation. This program shows you how.

THE MANUAL:
Each webinar participant receives a detailed manual that explains each Truth in Lending "hotspot." The manual provides value long after the program concludes.

WHO SHOULD ATTEND:
This program is designed for Compliance Officers, Loan Officers, and operations personnel who have a basic understanding of the requirements of Regulation Z.

About the speaker:  
Jack Holzknecht
Jack Holzknecht is a principal with Pegasus Educational Services, LLC, a training firm headquartered in Louisville, Kentucky. He is an experienced consultant who has provided training to thousands of bankers and examiners for twenty-two years. He has the ability to identify the key compliance issues from each regulation. Jack's career began in 1976 as a federal bank examiner. He later headed the form and software and education divisions of a regional consulting company. In that capacity he developed loan and deposit form systems and software. He also developed and presented training programs that were delivered to bankers in 43 states. Jack has been an instructor at compliance schools presented by the Georgia, Iowa, Kentucky, Pennsylvania, Nebraska, New York and Texas bankers' associations. He developed and delivered compliance training for the FDIC and OTS for ten years. He is a Certified Regulatory Compliance Manager and a member of the National Speakers Association. He is also a "BOL Guru" and frequently answers compliance questions sent to "Bankers' Threads."

About the seminar
This seminar will be delivered utilizing state-of-the-art technology. From the comfort of your office or conference room, you will receive the audio portion of the seminar via telephone, with companion slides, Web pages, polls Q & As being delivered simultaneously over the Web. One AUDIO line per location can be placed on speaker phone to allow multiple participants.

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.