$305.00 – $705.00
Recorded: May 5, 2022
Presented by: Ms. Anetria Cohen, Vice President and Senior Consultant, FORVIS
A three-hour remote seminar covering lending compliance as it relates to Home Equity Lines of Credit (HELOCs).
Institutions often focus their compliance efforts on mortgage loans, which is understandable given their complexity and the sheer number of changes that affected them these past few years. Though, open-end consumer loans secured by a dwelling (home equity lines of credit or HELOCs) also can be an integral part of financial institutions’ loan portfolios. Although they may be seen as “simpler”, HELOCs present their own unique questions and challenges and it is important that financial institutions review their obligations regarding HELOCs in addition to those regarding closed-end transactions.
This three-hour remote seminar will provide an in-depth review of lending compliance as it relates to HELOCs – the differences between HELOCs and closed-end credit, various disclosures and other requirements specific to HELOCs, and how HELOCs are treated under general compliance rules.
This informative webinar is designed for compliance officers, compliance staff, loan processors, and auditors who must understand this important issue. Loan officers and those with compliance management or training responsibilities will also benefit from this valuable webinar.
Program Level: Basic to Intermediate
Prerequisite/Advanced Preparation: Basic Knowledge of Lending Regulations
Field of Study: Specialized Knowledge
Any recording, transmission, retransmission, or republishing of any portion of this webinar is prohibited.