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Required Compliance for Commercial Loans Secured by Real Estate

Oct 12 2:00 PM - Oct 12, 2021 3:30 PM
Oct 12, 2021 2:00 PM - 3:30 PM
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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.

Learning Objectives

  • 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

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.

Agenda

Speakers

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.

Location

Fees

$259.00 

Additional Info

Event Type

On-Demand Webinar

Topics Covered

  • On-Demand Webinars
  • Lending & Collections
  • Compliance