Ignorance of the law is no excuse - a lesson learned the hard way through 15 months in prison by one young banker who made a concerned phone call to a large borrower after the bank received a federal grand jury subpoena for the customer's record
Recorded on July 23, 2014
Opening Accounts for Marijuana Businesses: CIP, CDD, Risk
Learn the questions that need to be asked about marijuana businesses. Learn the two avenues: how to proceed if you do not want to bank marijuana businesses and how to proceed if you do.
Recorded on June 23, 2014
New Integrated Disclosures - The Closing Disclosure
The amount of detail in the new Closing Disclosure exceeds anything in our prior experience with mortgage lending. Even though we have time to get all of the pieces in place, the time to start the process of mastering this material is now.
Whether an internal/external auditor, a loan officer who takes home mortgage applications, or the person responsible for the accuracy of the HMDA data, you have opportunities to either protect your financial institution from, or expose it to, HMDA pr
The new integrated Loan Estimate will apply to virtually all consumer credit transactions secured by real property. Very few such loans will be exempted.
Fair lending issues have never truly "gone away." A bit of internal monitoring can go a long way in providing early identification and protection from those dreaded words "Mr. Banker, we are referring this to the DOJ".
Fair lending goes far beyond applicants and applications. It affects how credit products are designed; how, where and to whom they are advertised; pricing; loan servicing; delinquency and loss mitigation management; and so much more.
Recorded on March 04, 2014
Calculating Debt-To-Income Ratios for the Ability-To-Repay Rules
This webinar is for those institutions who do not qualify for the small servicer exemption. A separate program is offered for small servicers, since they are exempt from many of the new obligations.