2022 Lending Compliance Triage Conference
AGENDA
REMOTE FEED ACCESS TIMES
 9:30am - 6:00pm Eastern Time
  8:30am - 5:00pm Central Time
     7:30am - 4:00pm Mountain Time
   6:30am - 3:00pm Pacific Time

Conference begins each day at the specified time which is dependent on which time-zone you reside in.
Session times below are for Central Time. Adjust them to your time zone.
   
Day 1
CENTRAL TIME
SESSION
8:30 - 9:30 Welcome and The Compliance Landscape
9:30 - 10:30Common Lending Violations
10:30 - 10:45 BREAK
10:45 - 11:45 Reimbursements for Reg Z Violations
11:45 - 12:30 LUNCH
12:30 - 1:30 Fair Lending Update
1:30 - 1:40 BREAK
1:40 - 2:10 ARM Updates and Rate Changes
2:10 - 3:30 Sect. 1071 - A Small Business LAR
3:30 - 3:45 BREAK
3:45 - 4:00 Crypto, Look before you leap
4:00 - 5:00 Panel Discussion - Q and A
Adjourn - See you tomorrow!
  
Day 2
CENTRAL TIME
SESSION
8:30 - 9:30UDAAP Update
9:30 - 10:25 What the Flood FAQs Mean (Pt1)
10:25 - 10:45 BREAK
10:45 - 11:00 What the Flood FAQs Mean (Pt2)
11:00 - 11:30 FCRA Update
11:30 - 12:30 LUNCH
12:30 - 1:30 Qualified Mortgage Changes and Updates
1:30 - 1:40 BREAK
1:40 - 2:30 Lending and BSA Interaction
  2:30 - 3:30 CRA, Interagency Makeover
3:30 - 3:45 BREAK
3:45- 5:00 Panel Discussion - Q and A
Adjourn - Thank you for attending!

Welcome and the Compliance Landscape
In this first hour we'll address a few housekeeping item so you know a little about the agenda and can both plan who listens to which sessions and how to ensure you get answers to your questions. Then we'll set a foundation of where we are in the world of regulatory compliance.

Common Lending Violations
Exams can be teaching moments. But the best teaching moments come from exams at other banks. When you know what examiners are finding from various agencies at other banks, you have a good idea of items they will focus in on first when your bank's next exam comes. Forewarned is forearmed.

Reimbursements for Reg Z Violations

Fair Lending Update
The Biden Administration has made it abundantly clear that Fair Lending issues have a high priority. Key issues include gender identity and sexual orientation, redlining, Limited English Proficiency, the foreclosure surge, discrimination in appraisals, targeted marketing, and the arrival of the Section 1071 rules.

ARM Updastes and Rate Changes
With the fluctuations in the current interest rate environment and the possibility that the Federal Reserve may continue to raise target interest rates, questions have been asked as to the potential impact these events may have as it relates to variable rate transactions subject to TRID disclosures. This presentation provides a brief recap of potential implications.

Sect. 1071 - A Samll Business LAR
This monstrous storm is expected in March 2023. The final revisions will require most financial institutions to build a data collection and reporting system for small business loans. While the details of the final rule are unknown, a very clear picture of actions needed now has emerged.

Crypto - Look Before You Leap
Your customers either are involved with or are considering getting involved with cryptocurrency. Most banks are sitting on the sidelines deciding whether to get in the game or not. Before deciding how to proceed you need to understand crypto, how banks can get involved and what steps to take if you get involved.

UDAAP Updates
As we developed this agenda, UDAAP has a lot of teeth and it's being used in many enforcement actions. The CFPB has added UDAAP violations to fair lending. Like it or not, it's there for now. Banking groups and others are contesting the CFPB's authority to do this. And remember, the Fair Debt Collections Practices Act defines things using UDAAP terms. Add to that the regular repossession and fee issues that are "UDAAP-able" and we have a serious regulatory requirement to address.

What the Flood FAQs Mean - Pt. 1

What the Flood FAQs Mean - Pt. 2

FCRA Update

Qualified Mortgage Changes and Updates

Lending & BSA Interaction
Lenders often think of BSA/AML rules as concerns for the folks on the "operations side" of the bank, and it's true that much of the focus of BSA/AML is on the movement of cash and other forms of value, which are traditionally operational concerns. This session focuses on what the lending side of the bank needs to know about BSA/AML rules in the current environment. We'll look at FinCEN's well-established use of Geographic Targeting Orders to focus on non-financed purchases of real estate in key U.S. metro markets by shell entities that often hide the identity of the true purchasers. We will also discuss ongoing changes to how FinCEN will address Beneficial Ownership challenges, and what those changes may mean for lenders. And we'll look at the CIP requirements that apply regardless of whether a customer is a depositor, a borrower, or has some other account relationship with a bank.

CRA - Interagency Makeover





BOL Conferences, Inc.
2541 Flint Ridge Rd, Edmond, OK 73003
PH: 888-229-8872 ext. 87      FAX: 405-348-7641     Email: carin@bankersonline.com
For sponsorship information, contact Tobi Chunowitz, 888-229-8872 ext. 801