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Compliance in Commercial Lending 2021

Compliance in Commercial Lending 2021

Internal classification of a loan as "commercial" doesn’t necessarily mean it is exempt from the disclosure or reporting requirements typically associated with consumer lending. It is critical for commercial lending staff to know what regulations apply to commercial loans and where some of the consumer-focused regulations intersect for certain transactions. On July 22, we will give you the low-down on the regulations you need to be aware of! (Rec. 7/22/21)

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Webinar Description

Recorded: July 22, 2021    

Internal classification of a loan as "commercial" doesn’t necessarily mean it is exempt from the disclosure or reporting requirements typically associated with consumer lending. It is critical for commercial lending staff to know what regulations apply to commercial loans and where some of the consumer-focused regulations intersect for certain transactions. We will give you the low-down on the regulations you need to be aware of, including:

  • Reg B (Equal Credit Opportunity Act): Intent to apply jointly, spousal signatures, collecting demographic information, adverse action notifications, and the ECOA Valuations Rule concerning appraisals.
  • Fair Lending principles and upcoming rulemaking under development around lending to women-owned and minority-owned businesses
  • HMDA: What’s reportable, and the data you will report for commercial loans that are dwelling secured. We will also discuss some tricky issues around HMDA reporting for mixed-use properties!
  • Fair Credit Reporting Act: Permissible purpose for obtaining a consumer credit report and when FCRA applies in taking an adverse action on a commercial loan application
  • Flood Insurance Rules, including calculating required coverage when there are multiple properties or structures
  • Overview of protections under the Servicemembers Civil Relief Act and when they apply in a commercial loan transaction.
  • Your registration includes:
  • A copy of the presentation materials
  • Unlimited video replay

 

Refund Policy:

If you will have any issues with attending the simulcast, we offer a No Questions Asked Refund Policy any time before the start of a live simulcast.

 

CBANC Complaint Policy:

The goal of CBANC Education is to provide quality educational content and excellent service to our users.  If you have any questions or concerns regarding the quality of our content or service, please contact us at support@cbancnetwork.com.

Webinar Description

Recorded: July 22, 2021    

Internal classification of a loan as "commercial" doesn’t necessarily mean it is exempt from the disclosure or reporting requirements typically associated with consumer lending. It is critical for commercial lending staff to know what regulations apply to commercial loans and where some of the consumer-focused regulations intersect for certain transactions. We will give you the low-down on the regulations you need to be aware of, including:

  • Reg B (Equal Credit Opportunity Act): Intent to apply jointly, spousal signatures, collecting demographic information, adverse action notifications, and the ECOA Valuations Rule concerning appraisals.
  • Fair Lending principles and upcoming rulemaking under development around lending to women-owned and minority-owned businesses
  • HMDA: What’s reportable, and the data you will report for commercial loans that are dwelling secured. We will also discuss some tricky issues around HMDA reporting for mixed-use properties!
  • Fair Credit Reporting Act: Permissible purpose for obtaining a consumer credit report and when FCRA applies in taking an adverse action on a commercial loan application
  • Flood Insurance Rules, including calculating required coverage when there are multiple properties or structures
  • Overview of protections under the Servicemembers Civil Relief Act and when they apply in a commercial loan transaction.
  • Your registration includes:
  • A copy of the presentation materials
  • Unlimited video replay

 

Refund Policy:

If you will have any issues with attending the simulcast, we offer a No Questions Asked Refund Policy any time before the start of a live simulcast.

 

CBANC Complaint Policy:

The goal of CBANC Education is to provide quality educational content and excellent service to our users.  If you have any questions or concerns regarding the quality of our content or service, please contact us at support@cbancnetwork.com.