While “you don’t know what you don’t know” in terms of recent lending compliance developments, you will still be held responsible for it. This is why a review of changes to the loan rules and Regs is important. You must confirm what you do know, and find out if you missed anything to have any hope of remaining compliant this next year. You know about compounding interest. You don’t want to know about compounding violations.
Compliance Officers are still dealing with TRID, HMDA and flood. In fact, many are still dealing with TRID math – what costs go where and what reimbursements must be made and what if it was all the title company’s fault? There is a lot to address, plus 2021 has seen a few new and revised requirements. HMDA rules are being refined, Military lending is being defined by enforcement, and the flood rules are always a major problem. And these are just three major examples that are enough to keep you busy all year. But wait, there’s more.
Many banks suffered regulatory penalties. There are valuable lessons to be learned from another bank’s mistakes and it may be your chance to tweak policies and procedures to avoid penalties under UDAAP, flood and various other penalties we can all learn from.
So, what’s new, what’s different, and what do you need to focus on in 2022? This recap will help you answer those questions.
Here are a few of the things we’ll cover in this fast-paced t90 minute review:
Small business data collection proposal
Mortgage application rules and gender identity
Lending to the military, SCRA and MLA – lessons learned
Regulatory manual updates
Legal cases of interest
Regulatory penalties we can all learn from
Mandatory and optional forbearance amid the pandemic
LIBOR transitioning (should be done, is it?)
The new URLA
CFPB’s QM rules
And much more will be in a detailed reference manual.
WHO SHOULD ATTEND: This webinar is designed for everyone who manages and audits compliance and has lending related compliance responsibilities, including Compliance Officers, Auditors, Lenders, Loan Administration staff and senior management.
Mr. Andy Zavoina, CRCM, is an Executive Vice President with the Glia Group, Inc., best known for its involvement with BankersOnline.com. He joined Glia and BOL in 2003.
Mr. Zavoina has been in finance and banking for over 39 years. Over 20 years were with a two-bank holding company that had $534 million in assets, 89 branches spanning Texas and nearly 500 ATMs. He has done loan workouts, has been a consumer, commercial and real estate lender and managed those departments, as well as being his banks first Webmaster. He was responsible for compliance -management, -auditing, and -training for both banks.
Mr. Zavoina is a recipient of the American Bankers Association’s Distinguished Service Award for his involvement and accomplishments in the field of regulatory compliance management. He is a past Chairman of the ABA’s Compliance Executive Committee, the Editorial Advisory Board for the ABA Compliance Magazine and served as a member of the ABA’s Compliance School Board. He is a BankersOnline Guru. He also served on the Texas Bankers Association's Compliance Committee. He is a graduate of the ABA National Commercial Lending School, National Compliance and National Graduate Compliance School and is a Certified Regulatory Compliance Manager with the Institute of Certified Bankers. He has written articles and lectured on compliance, the use of the internet and technology as a tool, as well as compliance in cyberspace to local, state and national associations across the U.S. and teaches basic compliance and compliance management.
You can reach Andy on the Internet by using his e-mail address, firstname.lastname@example.org, or visiting http://www.bankersonline.com.
Audit and Internal Controls,Compliance,Compliance Management and Auditing,Fair Lending, ECOA,FCRA/FACTA,Flood,Front Line Training Issues,Lending,Lending: Administration, Compliance and Operations,Real Estate Lending,RESPA,Risk Management