Carl Pry
Carl Pry is a Certified Regulatory Compliance Manager (CRCM) and Certified Risk Professional (CRP) who is a Senior Vice President and Compliance Manager for a large financial institution in Ohio. 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, December 8th, 2009
1:30 pm
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3:30 pm CT
The Institute of Certified Bankers (ICB) is dedicated to promoting the highest standards of performance and ethics within the financial services industry. The Fair Lending, Flood, Appraisals and More: The New Landscape of Residential Lending Compliance has been approved for 2.50 CLBB, 2.50 CRCM credits. This statement should not be viewed as an endorsement of this program or its sponsor.
There have been few times with as many regulatory changes in the area of residential real estate lending than right now. New Reg. Z rules, new RESPA rules, new flood insurance Q&As, fair lending in the regulators' crosshairs, and so on. In this webinar, we'll discuss all the new changes and get you ready to meet the challenges of residential lending in 2010 and beyond.
Learn in what circumstances the new rules apply, definitions of new complex terms and timing requirements, as well as the penalties for noncompliance.
Covered Topics Include:
- Regulation Z, including new requirements for "higher-cost mortgages," new advertising changes, new early disclosure rules under the MDIA, and more major changes on the horizon
- Real Estate Settlement Procedures Act (RESPA) revisions taking effect January 1st, 2010 - all new GFE, HUD-1, tolerances, and more
- Regulation B application and adverse action rules
- New areas of fair lending enforcement - how to prepare
- HMDA reporting requirements, including new rate spread rules and thresholds
- Flood Insurance - renewed emphasis and requirements, including new Q&As
- Appraisal rules - standards of independence, disclosures, and requirements, including the Code of Conduct
- Fair Credit Reporting Act, including FACT Act amendments
- And more
Plus frequent question and answer sessions throughout this presentation.
Who Should Attend?
This interactive session will give an understanding of each of these rules (existing and new) and is imperative for anyone performing duties in residential real estate lending areas of the financial institution. This includes loan officers, personal bankers, supervisors, auditors, closing agents, compliance officers, trainers and others working in these types of positions.
