BankNewswatch

Loan Denials and Other Adverse Action Notices

Tuesday, February 28th, 2023 10:00 am - 12:00 pm

A BankWebinars.com Program

Click Here to register for live program $279

Click Here to register for live program and recording $419


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 necessary 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!

Topics

  • Consumer & Non-Consumer Notification Requirements
  • Notices of Incompleteness
  • Counteroffers and Withdrawals
  • Indirect Lending Requirements
  • Credit Score Notifications
  • Multiple Applicant Requirements
  • Timing and Record Retention Requirements
  • Fair Lending Hot Spots
  • Interpretations, Guidance & Best Practices

Faculty

Jerod Moyer

Jerod is the leader of Banker's Compliance Consulting's training productions. He is a nationally recognized speaker. Whether it's a conference, seminar, school, webinar or luncheon, it's easy to stay engaged when he presents due to the amount of passion and energy he brings to each and every compliance topic.