Consumer Lending Collateral Considerations & Documentation
On-Demand Webinar
StreamedJun 21, 2022Duration90 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
This must-attend session will cover the ins and outs of consumer collateral from A to Z.
Learn how to properly perfect security interests in all types of personal property and get the documentation requirements down pat! This thorough training will help you avoid mistakes and reduce loss.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Understand the documentation required for each different loan type
- Use the proper method of perfection for each type of collateral
- Determine when a co-signer or guarantor can be required for a consumer loan
- Identify the documents a borrower’s spouse can be required to sign
- Fulfill your institution’s responsibilities to a borrower, co-signer, and guarantor
WEBINAR DETAILS
Your financial institution must properly document
its consumer loans and properly perfect its security interest in
collateral. Making a mistake in the
documentation or perfection process often results in losing the ability to collect
against the consumer and/or the collateral. This webinar will provide a
thorough, up-to-date understanding of consumer loan documents and how to properly perfect security interests in all types of
consumer personal property collateral, including motor vehicles and other
titled property, deposit accounts, stocks and mutual funds, computers and
equipment, furniture, accounts receivable, general intangibles, and contract
rights. It will explain the situations
where filing a UCC-1, taking possession, or obtaining a third-party control
agreement is required for perfection. It
will also address the compliance rules under Reg B and Reg Z that are
applicable to consumer loan documentation. (This webinar will not cover real
property collateral).
WHO SHOULD ATTEND?
This informative session
is designed for all those involved with consumer loans, including consumer loan
officers, loan operations personnel, tellers, service representatives,
compliance officers, attorneys, auditors, and managers.
TAKE-AWAY TOOLKIT
- Sample loan documentation checklist (list of loan and perfection documents necessary for each loan type)
- 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 agency is prohibited. Print materials may be copied for eligible participants only.
Presented By
Spencer Fane LLP
This Webinar Appears In
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