Lending Exam Targets Locked: Preparing Your TRID, Fair Lending & CRA Programs for Increased Scrutiny
Examiners have their sights focused on one key issue – protecting consumers and ensuring they are treated fairly throughout the loan process. Therefore, it’s no surprise that the requirements set forth in TRID, FDPA, CRA, and fair lending regulations are the source of an increasing number of exam violations. Save time and money by scrutinizing your practices before regulators arrive.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Use regulatory resources to research examiner-identified compliance issues
- Identify and correct errors in your TRID documents
- Understand the marketing limitations of RESPA
- Define when a new flood determination is required and calculate the amount of insurance needed
- Track and respond to consumer complaints
- Explain the requirements and timing of CRA changes
WEBINAR DETAILS
This session will review agency-issued guidance, advisories, and proposals that set forth examiner expectations for these hot buttons: TRID, FDPA, CRA, and fair lending. It will provide information about the most recent regulatory developments and best practices for how to prepare your programs. It will also look at how CRA changes may impact your assessment areas and fair lending risks. In addition, this webinar will dive into the emerging trends of fair lending enforcement and analyze where issues may arise in your underwriting criteria and practices.
WHO SHOULD ATTEND?
This informative session will benefit loan officers, loan operations personnel, compliance officers, and internal auditors.
