(ON DEMAND) Consumer Loan Documentation

Email to Order the Recording + FREE Digital Download!

Many consumer loans can easily become problem loans if not carefully scrutinized for documentation, application, and compliance.  Examiners are spending additional time reviewing consumer loans because of this.  During a regulatory panel an examiner stated, “These may be small loans in size, but they are big in number of loans and so their importance escalates.  And they are often not monitored enough for safety and soundness as well as compliance.”  

This webinar will focus on the risks associated with both compliance and safety and soundness.  To help lenders minimize risk and exposure, you will receive a sample consumer loan policy which addresses important issues. 

HIGHLIGHTS
Fair lending, especially pricing – a hot topic under UDAAP
Regulatory guidance concerning the application process – what you can and cannot ask
BSA issues – identification and OFAC requirements
Other compliance issues, including federal insurance disclosures, privacy, fraud alerts, and Truth in Lending
Medical information – the dos and don’ts of using or asking for medical information
Safety and soundness – the Cs of credit and a risk-based underwriting tool

TAKE-AWAY TOOLKIT
Sample consumer loan policy
Risk-based underwriting tool
Employee training log
Quiz you can administer to measure staff learning and a separate answer key

Attendance verification for CE credits provided upon request.

WHO SHOULD ATTEND? New and experienced lenders, loan support staff, loan review personnel, compliance officers, and auditors.

ABOUT THE PRESENTER – Ann Brode-Harner, Brode Consulting Services, Inc.began her career in 1973 and has continued her service as a consultant to regional and community financial institutions through a wide range of areas including strategic planning, lending, deposits, marketing, training, compliance, and management.  Ann is a well-respected presenter and has spoken to audiences across the country for 25 years.  She has presented sessions for numerous state associations and has taught at the School of Banking Administration at the University of Wisconsin as well as many other state banking schools.  Ann is the author of “The Bank Deposit Documentation Manual for Front-Line Personnel” published by Bankers Publishing Company, and is well represented in numerous industry publications.