Presented via GoToWebinar format

Community Bankers for Compliance Program

Spring Regulatory 2-day Seminar

Date: April 13-14, 2021

Day one: 10:00am - 4:30pm

Day two: 8:30am - 3:00pm

Sessions

Day 1: Construction Loan Compliance

Ever since the advent of the TILA‐RESPA Integrated Disclosures (TRID) a few years ago, banks have struggled with disclosing a construction or construction/permanent loan. A major part of the problem has been the inability of the Consumer Financial Protection Bureau to clearly articulate the TRID requirements. This inability has created problems for bankers, loan software companies, auditors and consultants, regulators, and most importantly – consumers. And while we have a clearer picture now, there still are questions that remain unanswered.This seminar will discuss the variety of legal ways to structure and disclose construction and construction/permanent loans, and the impact those decisions may have on your institution and consumers. After discussing the construction product and disclosure possibilities, we will then take those possibilities and apply them to the TRID disclosures themselves. For the TRID portion of the seminar, we will be focusing on two elements. The first will be the timing of the Loan Estimate and Closing Disclosure in a construction or construction/permanent loan. This discussion will be relatively brief, as we discussed general TRID timing requirements during our 2020 CBC presentations.The balance of the TRID presentation will focus on the TRID forms themselves, discussing the options available and the requirements to complete the Loan Estimate and Closing Disclosure. As with the timing discussion, we will limit our discussion to those areas which carry the most TRID risk for construction and construction/permanent loans. The teaching manual will only include the information that will be discussed in the seminar. A more complete set of TRID manuals, covering all TRID requirements, will be available to member attendees via the web.

Day 2: Fair Lending Techniques

Early this year the FDIC strengthened their approach to fair lending examinations, and issued a variety of new documents, new procedures, and new checklists that examiners are required to complete. All of the regulators have stated that fair lending is going to play a larger role in examinations, even though the Federal Reserve and Office of the Comptroller of the Currency have not updated their fair lending manuals for a while. If your bank has a fair lending issue, finding it and dealing with it promptly is important..This seminar will deal with techniques that you can use to monitor your bank’s fair lending status. Included will be case studies, techniques, checklists, suggestions for approaches and other aids that will assist you and your bank to prepare for your next (and probably more detailed)fair lending exam. While we will address portions of the regulation briefly, our focus is going to be on methods that apply the regulation to your bank. The presenters will assume that attendees understand the basics of the regulation.Some of the case studies and other material will be fairly lengthy and will be forwarded to attendees for review.  Attendees should read and understand them prior to the seminar to get the maximum value from the program. We will not be able to offer attendees sufficient time during the seminar to digest the information. (This will probably be the first time a CBC program includes homework.)  This topic was suggested by many attendees when we last solicited topics.The presentation will also include a brief discussion of the new HPML escrow rule. 

Who Should Attend

Day One: Compliance officers, senior mortgage management, construction lenders and processors, and others with responsibilities for consumer construction loans should attend. Additionally, audit personnel will find this session useful.

Day Two: Compliance officers, senior lending management, lenders, and others with responsibilities for lending of all types within the bank. Additionally, audit personnel will find this session useful.

Agenda

Day 1: Construction Loan Compliance

• Construction and construction/permanent loan product decision making and the impacts of those decisions
• Construction loan TRID timing issues
• Construction loan issues in completing the Loan Estimate and Closing Disclosure

Day 2: Fair Lending Techniques  (Presentation order subject to change)

• HPML Escrow
• A brief review of some portions of Regulation B
• Analysis of fair lending using a variety of methods
  • Matched Pair
  • File Review
  • Report analysis
  • Denials
  • Other techniques
• A comprehensive review of examination approaches at set forth by the various examiners

Seminar Presenter

     Dale Neiss, CRCM, Consultant

Dale Neiss is a compliance consultant with Young & Associates, Inc. With over 30 years of banking experience in Denver, CO, Dale has developed and implemented compliance management systems, loan review and community reinvestment act (CRA) programs, and enterprise risk management (ERM) framework for multiple banks. He has held the titles of Compliance and Loan Review Manager, BSA and CRA Officer, and Enterprise Risk Management Director. Prior to his Denver, CO banking experience, Dale began his banking career with the Office of the Comptroller of the Currency in Indianapolis, IN as an associate national bank examiner. At Young & Associates, Inc., he provides consulting and training, as well as writes articles and compliance manuals. He holds the designation of Certified Regulatory Compliance Manager (CRCM) by the Institute of Certified Bankers in Washington, D.C.. Dale earned a Bachelor of Business Administration degree in Finance and Management from Kent State University.

Registration

ICBND and Community Bankers for Compliance (CBC) Members: If 2021 annual dues of $1,500 for one attendee or $1,800 for two attendees has been paid, no additional cost for this session.
$200 per 2-day session for each additional attendee above 2 attendees.

ICBND Members who are not members of the CBC Program - $950 per 2-day session for the first attendee.
$600 per 2-day session for each additional person.

Non-ICBND Members
$1,400 per 2-day session for the first attendee.
$1,000 per 2-day session for each additional attendee.

Cancellation Policy

15 days or more prior to seminar date, you will receive a full refund of the registration fee; 8-14 days prior to seminar date, you will receive a 50% refund; and 0-7 days prior to seminar date, there will be no refund given.

SESSION INFORMATION