Congress has consistently provided special protection to consumer loan borrowers, especially those who secure loans with their home. The explosion of new lending requirements and changes to existing requirements continues into 2023.
This program provides an overview of the real estate lending requirements from ten regulations, along with comprehensive coverage of selected topics, policy suggestions, employee training tips, audit techniques and steps to eliminate past problems. Emphasis is placed on coverage and exemption rules, determining which disclosures are required, the content of the required disclosures and prohibited acts or practices.
Every year major changes appear, and this year is no exception. Big changes are pending with Section 1071, Fair Lending, and Regulation B. The program and the manual have been completely updated for the revisions.
Equal Credit Opportunity Act (Regulation B) - includes a review of the data collection and reporting rules for small business loans under Section 1071 of the Dodd-Frank Act.
Fair Housing Act - includes a review of recent redlining, appraisal discrimination and loan pricing cases.
Flood Insurance Rules – includes the new Flood Insurance Questions and Answers which, and the status of the Standard Flood Hazard Determination form.
Fair Credit Reporting Act.
Home Mortgage Disclosure Act (Regulation C) includes a review of the case that lowers the threshold for closed-end mortgage loan coverage back to 25 loans.
Truth in Lending Act (Regulation Z) – includes revisions to the ATR/QM rules and the latest guidance on TRID rules.
Real Estate Settlement Procedures Act.
Homeowners Protection Act.
Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act); and
Unfair, Deceptive or Abusive Acts or Practices.
Comprehensive coverage of 10 major federal real estate lending compliance topics in two information packed days
A 400-page manual that serves as a handbook long after the program has ended
Who Should Attend? This program is designed for Compliance Officers, Loan Officers, Loan Processors, Auditors and others with responsibilities related to the origination and servicing of mortgage loans.
Registration Prior to 7/31/23 FBA Member: $725.00/person Non-Member: $1,550.00/person
Registration After 7/31/23 FBA Member: $775.00/per person Non-Member: $1,550.00/per person
8:30 - 9:00 AM: Registration 9:00 - 12:00 PM: Program 12:00 - 1:00 PM: Lunch 1:00 - 4:00 PM: Program
Kimberly Boatwright has more than two decades of experience working in the financial services industry as a risk and compliance professional. Kimberly has a strong background in program development and implementation. During her career, she has worked for and consulted with all types of financial institutions helping to establish and evolve their compliance programs. Kimberly came on board at COMPLIANCE RESOURCE in 2022 and loves helping other compliance professionals manage their compliance departments as efficiently as possible. She is a Certified Regulatory Compliance Manager, a Certified Anti-Money Laundering Specialist, and holds a bachelor’s degree from the University of Nebraska at Omaha. A proud mom of three, Kimberly loves nothing more than spending time with her family.
We ask that participants make their own sleeping room reservations. The seminar hotel is the Florida Hotel & Conference Center, 1500 Sand Lake Road, Orlando, 32809. (GPS address: 8001 S. Orange Blossom Trail, Orlando, 32809).
Contact the hotel at 800-588-4656 and identify yourselves with the FBA Real Estate Lending Compliance Seminar for the $135.00 room rate. This rate will be available until Friday, August 11, 2023, or until the room block is sold out, so please make your reservations ASAP.
The Florida Bankers Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have the final authority on the acceptance of individual course for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. This group live event awards up to 12 CPE credits in Regulatory Ethics. Prerequisites: None; Advanced Preparation: None; Program Level: Overview
If you have any questions or concerns about this event please contact: Event Contact: Olga Williams Phone: 850-701-3501 Email: email@example.com