2023 Compliance Essentials: Adverse Actions
 
Program Agenda
April 19, 2023
2:00 p.m. - 3:30 p.m. CST

Brochure
Register by Individual Here
Register by Bank Here
 
Did you know that even if a bank denies a home loan application (first lien) within three business days, the bank is still required to provide the notice of the applicant's right to receive a copy of an appraisal? While it does not make sense, it is true, and it is something bank auditors and examiners are looking for.

When a bank denies a loan application or deposit account application, there are multiple regulations that must be followed processing the application and notifying the applicant of the bank's decision, and as the example above indicates, the regulations are not as straight forward as they appear. This webinar will cover those regulatory compliance requirements and touch on some common errors and best practices to prevent regulatory scrutiny.

Topics that will be covered:
  • Equal Credit Opportunity Act (ECOA)
    • Consumers vs. Businesses
    • Timing
    • Verbal vs. In Writing
    • Disclosure Contents
    • Notice of Right to Receive Appraisal
    • Counteroffers, Incomplete Applications, and Withdrawn Applications
    • Loan Modifications/Deferrals
  • Fair Credit Reporting Act (FCRA)
    • Notice to Home Loan Applicant
    • Disclosure Contents
    • No Credit Score
  • Multiple Applicants
  • Fair Lending/UDAAP
  • HMDA Reporting
  • Deposit Accounts
  • Common Violations

Program Presenter

Dylan Serrault, J.D., CRCM, AAP - VP, Manager - Compliance First Banking Solutions, LLC (A Subsidiary of the KBA)
Dylan began his banking career by studying Finance at the University of Kansas. After graduation, he went to work for a Kansas financial institution until deciding to go to law school. He worked in the Kansas Bankers Association's Legal Department as an intern while attending Washburn University School of Law and accepted a Staff Attorney position upon graduation. Currently, he splits his time between auditing financial institutions for regulatory compliance, various speaking engagements and co-authoring compliance and legal publications related to banking.

**Program fees are based on bank asset size. There is no limit on the number of people that can attend the virtual session from your financial institution. Please login and register one person from your bank and pay based on your bank’s asset size. Then email all other attendees (include attendee’s first and last name, bank location and e-mail) to Natalie Wareham at nwareham@ksbankers.com so that additional attendees can be registered free of charge to receive their own link and login information for the session.

*We understand circumstances arise requiring cancellation - if you cancel up to 5 business days before the program, your registration fee will be refunded.
*Any transmission, retransmission or republishing of the audio or video portion of the seminar is strictly prohibited.