Auditing Consumer Real Estate Files

Audit & Accounting Compliance Lending Senior Management & Directors

On-Demand Webinar

StreamedOct 16, 2024Duration90 minutes

Unlimited & shareable access starting two business days after live stream
Available on desktop, mobile & tablet devices 24/7
Take-away toolkit
Ability to download webinar video
Presenter's contact info for questions

See Registration Options

Do you have an effective audit process for consumer real estate files?

The goal of auditing loan files is to identify errors and initiate corrective action before examiners arrive. There are so many regulatory requirements like TILA, FDPA, ECOA, BSA, and FCRA. This webinar will explain how to maintain compliance, how to determine your sample size, and how to review an application for completeness. Join us to learn how to avoid mistakes when preparing consumer real estate loan documentation.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

Review a consumer real estate application for completeness
Explain when and if a credit report should ever be reused
Distinguish whether a loan requires government monitoring information (GMI) to be collected
Document compliance with BSA, OFAC, and identity theft requirements
Verify timing and accuracy of disclosures required by ECOA, FDPA, and TILA
Use provided checklists to verify loan file documentation
Identify the key regulatory items to watch for when auditing loan files

WEBINAR DETAILS

A consumer real estate loan is governed by what can seem like an overwhelming number of regulatory requirements. TILA, FDPA, ECOA, BSA, and FCRA all require documentary evidence showing that your institution has complied with the applicable regulatory elements.

This session will detail how to pull your sample size for the audit (statistically and intuitively) and explain exactly what to look for. It will review the file documents needed and the important information to verify on each.

WHO SHOULD ATTEND?

This informative session is designed for mortgage loan officers, loan processors, compliance officers, and internal auditors.

TAKE-AWAY TOOLKIT

Audit checklists
Consumer real estate loan documentation checklist
Loan compliance matrix
Employee training log
Interactive quiz
PDF of slides and speaker’s contact info for follow-up questions
Attendance certificate provided to self-report CE credits

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.

TESTIMONIALS

"This webinar covered everything I expected! Great information!"

- Jessica, Transpecos Banks, SSB

"Dawn has a "plain english" way of presenting. I always know that she will address all of my concerns in her presentation. Very thorough. I always enjoy listening to her."

- Scott, Pony Express Bank