Avoiding Loan Denial Mistakes - Details
Session Available from: Oct 20, 2020 12:00 to Jun 15, 2021 12:00

Session Options: Webinar, Recorded, Both Live/Recorded

Live Session Date: Dec 15, 2020

 
Add to calendar /education-events/event/1334/Avoiding-Loan-Denial-Mistakes?Itemid114= 2020-12-15 14:00:00 2020-12-15 15:30:00 0 Avoiding Loan Denial Mistakes Avoiding Loan Denial Mistakes (90-minute webinar – recording also available) ... - US - YYYY/MM/DD

Event description:

Avoiding Loan Denial Mistakes

(90-minute webinar – recording also available)

Tuesday, December 15, 2020

12:00 PM Pacific       1:00 PM Mountain

2:00 PM Central       3:00 PM Eastern

Notice the notice requirements for denied loans – or risk a mistake, noncompliance, or worse.  Loan denial decisions are fertile ground for errors.  This webinar will plow through the knowledge, tips, and tools you need to avoid loan denial mistakes! 

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

  • Identify and document when an inquiry becomes an application
  • Explain the requirements for an incomplete or withdrawn application
  • Properly notify applicants when denying a loan request
  • Recognize potential fair lending discrimination practices
  • Use a worksheet to document a second review of adverse action notices, for fair lending purposes
  • Prepare counteroffers
  • Comply with Reg B’s timing requirements for loan denials
  • Identify when the FACT Act requirements are required for denial notices

WEBINAR DETAILS

It’s a bummer for the wannabe borrower (and you).  A loan denial triggers regulatory notice requirements under Regulation B.  Depending on the reason for denial, Fair Credit Reporting Act notices may also be mandated.  Examiners have long identified weaknesses in loan applications that never yield an originated loan.  This webinar will focus on pinpointing when an inquiry becomes an application, important timing requirements, and proper completion of the adverse action notice.  Common regulator-identified errors will be explained and tips on how to avoid them will be provided.  To help meet fair lending and Reg B compliance standards, participants will receive a tool designed to document the second review of a denied loan file.  Join this deep dive and learn what you need to know to avoid loan denial mistakes!

WHO SHOULD ATTEND?

This informative session will benefit all loan officers, loan processors responsible for denials and/or second review, compliance officers, and auditors. 

TAKE-AWAY TOOLKIT

  • Application trigger chart detailed by regulation
  • Second review checklist of adverse action notices
  • Cheat sheet explaining what each denial reason on the notice means and which to use in different scenarios
  • Employee training log
  • Interactive quiz 

DON’T MISS THESE RELATED WEBINARS!

Annual Loan Review: Consumer, Commercial & Residential
on Wednesday, December 2, 2020

Top 10 Year-End Lending Issues & FAQs
on Friday, December 11, 2020

Molly Stull     MEET THE PRESENTER - Molly Stull, Brode Consulting Services, Inc.

Molly Stull began her career as a teller while working on her undergraduate degree and has continued working in the financial industry ever since.  She has experienced the growth of a hometown bank, branch mergers, charter changes, name changes, etc.  Molly has activated business resumption plans, performed secondary market quality control reviews, processed wires, filed SARs, and coordinated reviews with external auditors and examiners.  Her favorite role has always been educating staff and strongly believes that if staff understands the reason for a process they will be more compelled to follow the procedures.  Molly holds a bachelor’s from the University of Akron and an MBA from Ashland University.

THREE REGISTRATION OPTIONS – WHAT YOU GET

1. Live Webinar Includes

  • Unlimited connections within your institution to the Live Webinar
  • Handout and Take-Away Toolkit
  • Available on desktop, mobile & tablet
  • Presenter’s contact info for follow-up 

2. Recorded Webinar Includes

  • Recording of the Live Webinar
  • Available two business days following Live date
  • Handout and Take-Away Toolkit
  • Available on desktop, mobile & tablet
  • Free Digital Download, yours to keep
  • Share link with anyone at your institution
  • Presenter’s contact info for follow-up

3. Purchase the BOTH Option to receive all the benefits listed above! Full registration descriptions can be found here.

Note: All materials are subject to copyright. Transmission, retransmission, or republishing this webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.

AFFORDABLE, PROFESSIONAL TRAINING, WHEN AND WHERE YOU CHOOSE

 

Registration options:
Add to cart Qty Ticket Name Ticket Price
Avoiding Loan Denial Mistakes - Live Webinar - Member $260.00
( )
$ 260.00
Add to cart Qty Ticket Name Ticket Price
Avoiding Loan Denial Mistakes - Recorded Webinar + Free Digital Download - Member $290.00
( )
$ 290.00
Add to cart Qty Ticket Name Ticket Price
Avoiding Loan Denial Mistakes - Both Live Webinar/Recorded Webinar + Free Digital Download - Member $320.00
( )
$ 320.00
Add to cart Qty Ticket Name Ticket Price
Avoiding Loan Denial Mistakes - Live Webinar - Non-Member $320.00
( )
$ 320.00
Add to cart Qty Ticket Name Ticket Price
Avoiding Loan Denial Mistakes - Recorded Webinar + Free Digital Download - Non-Member $350.00
( )
$ 350.00
Add to cart Qty Ticket Name Ticket Price
Avoiding Loan Denial Mistakes - Both Live Webinar/Recorded Webinar + Free Digital Download - Non-Member $380.00
( )
$ 380.00
Check this box if registering a group

Endorsed Members

20170815 180147.11

Annual Convention

Save the date for the must attend 52nd Annual ICBND Convention and Exposition August 11-13, 2019 at the Ramkota Hotel & Conference Center in Bismarck!  Please watch for more information to come.

 

Click Here
ed-telephone-webinar

Webinar Sessions

Train all of your employees—right from your office—with our convenient, affordable webinars. Our online training sessions give you all the benefits of advanced education, and are even available on-demand if you miss the scheduled training.
Click Here

ed-ag-lending

School of Ag Lending

We provide agricultural lenders with education in agricultural credit, finance, farm management, and marketing. Our core curriculum is developed and taught by North Dakota Community Ag Lenders, North Dakota State University, and Bismarck State College agribusiness faculty.

Click Here
ed-frontline-professional

Certified Frontline Professional

Our Certified Frontline Professional program gives your customer-facing employees the long-term training they need to excel and grow your business.

Click Here
ed-compliance

Community Bankers for Compliance

Bank regulations are ever-changing. Get the up-to-date information you need to guide and structure your in-bank compliance program. Our system gives you 24/7 access to some of the best compliance experts in the industry.

Click Here
ed-ermerging-leaders

Emerging Leaders Development

We’re giving today’s brightest young independent bankers the skills, educational resources, and networking opportunities they need to be tomorrow’s leaders.

Click Here
ed-other-live-sessions

Other Live Sessions

Enroll in one of our educational sessions to keep your bank up-to-date on financial trends, regulatory changes, and required annual training. We add new live sessions on a regular basis.

Click Here
20170815 180147.11

Annual Convention

Save the Date for the must attend 52nd annual convention on August 11-13, 2019 at the Ramkota Hotel in Bismarck!

 

Click Here

ed-telephone-webinar

Telephone & Webinar Sessions

Train all of your employees—right from your office—with our convenient, affordable webinars. Our online and telephone training sessions give you all the benefits of advanced education, and are even available on-demand if you miss the scheduled training.

Click Here
ed-ag-lending

School of Ag Lending

We provide agricultural lenders with education in agricultural credit, finance, farm management, and marketing. Our core curriculum is developed and taught by North Dakota Community Ag Lenders, North Dakota State University, and Bismarck State College agribusiness faculty.

Click Here
ed-frontline-professional

Certified Frontline Professional

Our Certified Frontline Professional program gives your customer-facing employees the long-term training they need to excel and grow your business.

Click Here
ed-compliance

Community Bankers for Compliance

Bank regulations are ever-changing. Get the up-to-date information you need to guide and structure your in-bank compliance program. Our system gives you 24/7 access to some of the best compliance experts in the industry.

Click Here
ed-ermerging-leaders

Emerging Leaders Development

We’re giving today’s brightest young independent bankers the skills, educational resources, and networking opportunities they need to be tomorrow’s leaders.

Click Here
ed-other-live-sessions

Other Live Sessions

Enroll in one of our educational sessions to keep your bank up-to-date on financial trends, regulatory changes, and required annual training. We add new live sessions on a regular basis.

Click Here