This webinar will cover the compliance requirements and best practices for Adverse Action Notices under the Equal Credit Opportunity Act (ECOA) and Fair Credit Reporting Act (FCRA).
When a lender takes adverse action against an applicant the natural instinct is to want to get it off their desk as quickly as possible and move on to a loan(s) they can make. There’s nothing wrong with that but Regulation B and the Fair Credit Reporting Act do have something to say about it. In other words, you don’t want to move on before you meet the necessarily compliance requirements.
Join Jerod Moyer as he walks you through the who, what, when, where and how of adverse action and denial notices. Get on the right track so you don’t get in trouble with examiners!
Who Should Attend
This webinar is designed for consumer and commercial loan officers, loan processors, compliance, audit and other loan operations personnel.
Continuing Education Credit Information
Loan Denials & Other Adverse Action Notices has been approved for 2.5 CRCM credits. This statement is not an endorsement of this program or its sponsor. Credits are redeemable for Live attendance only. For questions on certificates, please email firstname.lastname@example.org. Certification holders must report these credits at https://aba.csod.com.
Recommended for 2.5 CEU Credit Hours. After attending this webinar, each attendee can receive a Certificate of Attendance for self-reporting of CEU Credits.