School

Auditing Real Estate Loans Boot Camp

$795 Tuesday, October 12, 2021 9:00 AM Register

The 2021 WBA Auditing Real Estate Loans Boot Camp will be held October 12 through October 14 at the WBA Office. Classes will begin at 9:00 a.m. and conclude at approximately 4:00 p.m. each day. With the massive amount of information required to effectively audit real estate loans, internal auditors need to be fully informed on a variety of issues – and at the top of their game. This Auditing Real Estate Loans Boot Camp covers everything an internal audit team needs to know in order to successfully fulfill their role.

The purpose of this school is to cover all relevant aspects of the regulations impacting mortgage lending. As mortgages are the main risk area for most banks, internal audit (before the examiners arrive) is more essential than ever.


Instructor - Bill Elliott - Young & Associates inc. 

With over 35 years of banking experience, Bill Elliott leads the compliance department at Young & Associates, Inc. where he conducts compliance reviews, leads compliance seminars, conducts in-house training, and writes compliance articles and training materials. During his career as a banker, Bill spent 15 years as a compliance officer in a large community bank. He has also been a lender for consumer, commercial, and mortgage loans, and has managed a variety of bank departments including loan review, consumer/commercial loan processing, mortgage loan processing, loan and credit administration, collections, and commercial loan workout.

Instructor - Aaron Lewis, Senior Consultant - Young & Associates inc. 

Aaron Lewis has more than 15 years of experience in the banking industry. A majority of his time is dedicated to the lending division of Young & Associates, Inc., assisting client banks with loan reviews, ALLL reviews, policy reviews, and credit process reviews. Aaron also assists the compliance division by contributing to various regulatory compliance reviews. In addition to review work, Aaron conducts seminars covering various credit risk and compliance topics. Prior to joining Young & Associates, Inc. Aaron was the Vice President Credit Administrator of a community bank in southeast Michigan. During his time at the bank, Aaron managed all facets of the lending function including originations, underwriting, ALLL analysis, servicing, and secondary market compliance. Aaron holds a B.A. in finance from Michigan State University and graduated from the Graduate School of Banking, University of Wisconsin.

Topics:

  • Auditing Regulation B - Fair Lending Compliance
  • Auditing Flood
  • Auditing TRID
  • Loan Estimate
  • Auditing QM, ATR
  • Auditing Other Parts of Regulation Z/RESPA
  • Auditing BSA/FCRA Requirements
  • Auditing ARM Loan


Who Should Attend?
This program is designed for all bankers who are responsible for consumer mortgage loan reviews. This might include internal auditors, compliance officers, mortgage loan officers, document preparation staff, loan operations staff, other internal audit personnel, and bank legal counsel.

Registration Information:
The registration fee of $795 includes program registration, instruction and materials, and all meals.


$795 Tuesday, October 12, 2021 9:00 AM Register