Education & Events

Live Streamed - July 30 through August 2, 8:30 a.m. to 12:30 p.m. CT

Congress has consistently provided special protection to consumer loan borrowers, especially those who secure loans with their homes. There has been an explosion of new lending requirements over the past few years, and the changes continue into 2021. Every year, major changes appear, and this year is no exception. Proposed revisions to Regulation B and flood insurance and a major emphasis on fair lending compliance are the most notable topics on the horizon. The program and the manual have been completely updated for these rules.

Topics The following laws and regulations are covered.

• Truth in Lending Act (Regulation Z) – includes the Pandemic guidance, revisions to ability-to-repay/qualified mortgage rules and escrow requirements for HPML, and recently updated thresholds.
• Real Estate Settlement Procedures Act (Regulation X) – includes a review of the recent Section 8 (unearned fees and kickbacks) FAQs.
• Equal Credit Opportunity Act (Regulation B) - includes an update on the status of the revised residential mortgage loan application, Pandemic guidance, and the interim rule on sex discrimination.
• Fair Housing Act - includes a review of recent redlining cases.
• Home Mortgage Disclosure Act (Regulation C).
• Flood Insurance Rules – includes new and revised Q & As.
• Fair Credit Reporting Act – Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act); and
• Unfair, Deceptive or Abusive Acts or Practices, including the revocation of the clarification of the abusive standard.

Facilitator
Kimberly Boatwright, CAMS, CRCM, is EVP and Director of Risk and Compliance at COMPLIANCE RESOURCE, LLC, and has over two decades of experience in the financial services industry. Ms. Boatwright is a well-regarded financial industry risk and compliance professional with a strong background in program development and implementation. She is a thought leader who specializes in Fair Lending, Anti-Money Laundering, OFAC, and consumer compliance. During her career, she has worked for and consulted with all types of financial institutions, helping to establish and evolve compliance and risk programs. She is a frequent public speaker, trainer, and author on compliance and risk management topics. Kimberly is a Certified Regulatory Compliance Manager and a Certified Anti-Money Laundering Specialist.

Continuing Education

• American Bankers Association (ABA) Professional Certifications has approved this program for 17 CRCM credits.
• The IBA is recognized as a public accountant continuing professional education sponsor by the Illinois Department of Financial and Professional Regulation. Public accountants licensed in the state of Illinois will earn up to 16.50 hours of continuing professional education credit by attending this event.

Fee Per Person
Member $505
Nonmember $875