Regulatory Compliance for Consumer Lenders
Regulatory Compliance for Consumer Lenders covers the key aspects of regulations important to the role of a consumer lender in most financial institutions. Sixteen regulations are discussed in this course devoted to those charged with the responsibility of working with consumer loans.
| Price | $130 Nonmembers / $95 Members |
| Course Credits | AIB: 0.25 ; ICB: 0 |
| Prerequisites | None |
| Required Software | None |
| Optional Software | Adobe Acrobat Reader and RealPlayer |
Audience
Consumer lenders who must demonstrate a thorough understanding of the laws and regulations that affect consumer lending products.
Learning Objectives
After completing this course, students will be able to:
- Address the role consumer lenders play in security (BSA, USA PATRIOT Act, OFAC)
- Discuss deposit-related regulations (Reg E preauthorized transfers and Reg D reserve requirements)
- Describe who is covered by Regulation O
- Provide FCRA information specific to the consumer lending
- Explore the relationship between unfair treatment and illegal discrimination (Fair Lending)
- Describe flood insurance requirements (Flood Disaster Protection Act)
- Describe HMDA and CRA reporting requirements
- Describe privacy requirements
- Identify RESPA disclosures and activities prohibited by RESPA
- Discuss the purpose of the Servicemembers Civil Relief Act
- Describe the types of loans and disclosures covered by Reg Z
- Implement the Credit Practices Rule of Unfair or Deceptive Acts or Practices (Reg AA)
Enrollment: To enroll in this course, please click on the link below for the registration form. Print and complete the form and submit it to your supervisor for approval. Then submit the approved form to your human resources department for processing.