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E-SIGN for Lenders: Technicalities, Consumer Expectations & Risk

May 05 2:00 PM - May 05, 2020 3:30 PM
May 05, 2020 2:00 PM - 3:30 PM

Does your lending program comply with E-SIGN? Do you know what notices,regulations, risks, and implementation challenges are woven into its fabric? Join us to learn how to balance E-SIGN compliance with accountholder expectations and risk.

Learning Objectives

  • Better understand the E-SIGN rules and several implementation challenges
  • Effectively use the six-step E-SIGN consent process
  • Define how various lending regulations and disclosure requirements intertwine with E-SIGN
  • Explain when to collect demographic information and the options to show joint intent
  • Distinguish between inquiries and a completed application under Regs B, Z, and C
  • Clarify the challenges for e-signatures under the Uniform Electronic Transactions Act (UETA)

Electronic banking continues to evolve, and financial institutions must keep pace with technology and consumer preferences. Accountholders expect more digital access at a time when cybersecurity has become a significant threat. How do you simultaneously balance borrower demand for online loan applications, satisfy regulatory disclosure requirements, and manage identity theft risk and application fraud? Join this webinar to learn more about how E-SIGN compliance affects lenders.

Agenda

Speakers

Susan Costonis, CRCM, Compliance Consulting and Training 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.

Location

Fees

$259.00

Live and recorded webinar, handouts, quiz with answer key and training log are included.

Additional Info

Event Type

Webinar

Topics Covered

  • Live Webinars
  • Lending & Collections