Telephone – Webcast – Audio/Visual CD Rom
Fair Lending Pitfalls
How
will your institution be evaluated in the next Fair Lending exam? Have you already been targeted for a
“special” Fair Lending review? How can
you prevent potential Fair Lending problems?
Do you know what your regulatory agency is telling
Congress to explain the disparity in loan approvals for minority versus
non-minority applicants? A 2006 Federal
Reserve study of national HMDA data showed that 55% of African-Americans and
46% of Hispanics received higher priced first-lien mortgages than 17% of
non-Hispanic whites. Borrower-related
factors for income and loan amount accounted for only one-fifth of the
disparity. As growing mortgage default rates continue to
make daily headlines, regulators will be pressured to explain why the
foreclosures may be greater within various groups based on race, ethnicity and
gender.
In this session you will learn about
the most current “red flags” identified by regulators in conducting Fair Lending exams. You
can avoid many of these pitfalls by developing simple internal controls and monitoring
exceptions to policies and procedures in accordance with interagency
guidelines.
WHAT WILL BE DISCUSSED?
WHY SHOULD YOU PARTICIPATE?
This session is a cost-effective way to train all staff in the requirements of Fair Lending and the consequences of non-compliance. Attendees will learn not only the fundamentals but what their role is in helping your institution develop and maintain a strong Fair Lending program. You may train as many individuals as you like for one set price. There will be no travel costs, time lost from work and no one will be required to leave the institution.
WHO SHOULD ATTEND?
This informative session will benefit front-line loan staff, loan
officers, loan processors, compliance officers, auditors, and senior
management.
ABOUT THE PRESENTER –
Susan Costonis is a trainer and
consultant for gettechnical, inc. She specializes in compliance management along
with deposit and lending regulatory training. Most of her 30-year career was
spent as a banker in several areas including lending, marketing, electronic
banking, compliance, community reinvestment, and senior management. Susan has
written numerous training manuals and successfully managed compliance programs
and exams for institutions supervised by the OCC, FDIC, and Federal Reserve. Susan
regularly presents to audiences ranging from small community banks to banking
association groups in several states. She became a Certified Regulatory
Compliance Manager in 1998. Susan has
completed
This
training method allows unlimited listeners on your office speaker phone. By choosing the webcast option, participants
will also be able to view online visuals as the presentation is delivered.
Registrants receive a toll-free number and pass code that will allow entrance
to the seminar. The session will be one
hour and fifteen minutes in length with an additional fifteen minutes for
questions and answers. Seminar materials
will be sent prior to the broadcast along with hook up instructions. Your pin
number, hookup instructions and handouts can be emailed to you or sent U.S.
Mail. If you would like them emailed you
will need the most current version of Adobe Acrobat Reader available free at www.adobe.com.
The CD Rom is complete with the audio track and visual presentation from the original webcast, question & answer sessions, plus participant handouts. You will also have the ability to contact the presenter with follow-up questions. With this CD, you will have an “off-the-shelf” training program for your review, for use by those who were not able to attend the live seminar or for future training purposes. Affordable, professional training, when and where you choose!
*CD Rom for PC use only