Compliance Issues for Consumer Lending

Carl Pry

Carl Pry is a Certified Regulatory Compliance Manager (CRCM) and Certified Risk Professional (CRP) who is a Senior Director for Treliant Risk Advisors in Washington, DC. Through his working career, as well as through his experience as a banking attorney and officer, he has provided a variety of regulatory compliance and financial performance services to financial institutions and other clients throughout the country. He has written extensively regarding consumer and commercial compliance, tax, audit, and financial institution legal issues, and is a frequent contributor to and currently serves on the Editorial Advisory Board for the ABA Bank Compliance magazine. He has spoken at dozens of banking, compliance, and state bar associations, and has conducted training sessions for financial institutions across the country.

Tuesday, February 12th, 2008
1:30 pm - 3:30 pm CT

The Institute of Certified Bankers^TM(ICB) is dedicated to promoting the highest standards of performance and ethics within the financial services industry. This webinar has been approved for 2.5 CRCM and CLBB credits.

Consumer loans have some of the most complex compliance requirements in all of the financial industry. Plus there are coming proposals that could add to the regulatory burden. In this webinar, we explore the range of rules and regulations that apply to consumer lending such as credit cards, vehicle loans and so forth (rules specific to real estate lending are covered in another session). Learn what rules apply, when they apply, definitions of complex terms, as well as the penalties for noncompliance. We'll also point out many common violations to avoid.

Covered Topics Include:

Regulation Z – Truth in Lending - coverage, disclosures and advertising requirements
New credit card rules coming soon
Regulation B – Fair Lending - applications, monitoring information, and adverse action
Regulation O – Lending to Insiders - who is covered and restrictions
Regulation U – Lending on Securities and form U-1
Regulation AA – Unfair or Deceptive Acts - late fees, contract clauses, and cosigner notices
Regulation BB – Community Reinvestment Act (CRA) - community development loans
Fair Credit Reporting Act, including FACT Act changes - new rules
Privacy and USA Patriot Act Customer Information Program requirements
Fair Debt Collection Practices Act

Who Should Attend?

This interactive session will give a basic understanding of each of these rules and is imperative for anyone performing duties in consumer lending areas of the financial institution. This includes loan officers, personal bankers, supervisors, auditors, compliance officers, trainers and others working in these types of positions.

Sign Up!

On-Demand Recording Only - $255: Unlimited playback & materials only. If you are unable to attend the regularly scheduled event, but are interested in the topic, you can purchase the recorded version. You will receive a web address for online viewing and an audio CD and handouts for offline viewing.