Webinar

Loan Originator Qualifications: Training

Failure to provide periodic training for loan originators is a violation of the Truth in Lending Act and Regulation Z. This program explains how to establish and maintain an appropriate loan originator training program.

On January 20, 2013, the Consumer Financial Protection Bureau (CFPB) published final rules that revised the Truth in Lending Act (TILA) to require creditors to establish and maintain loan originator qualification requirements. One of the qualification requirements mandates that a creditor provide adequate training for loan originators. The final rules were effective on January 1, 2014. This program explains the training requirements contained in Section 1026.36(f)(3)(iii).

Why Participate?

Failure to provide periodic training for loan originators is a violation of the Truth in Lending Act and Regulation Z. This program explains how to establish and maintain an appropriate loan originator training program.

Highlights

  • Who is a “loan originator;”
  • How to develop related policies and procedures;
  • How to develop training plans for individual loan originators;
  • What should be included in the training content;
  • How a loan originator “tests out” of a topic;
  • How frequently should the “periodic training” occur;
  • What training methods and options are acceptable; and
  • How to document training.

Participants receive a detailed manual that serves as a handbook long after the program is completed.

Audience

The program is designed for mortgage loan department management,  trainers, compliance officers, auditors and others with responsibilities for assuring loan originators receive required training.

Speaker

Jack Holzknecht, CRCM, a principal with Pegasus Educational Services, LLC, has been delivering the word on lending compliance for 37 years. Jack’s career began as a federal bank examiner.  He also headed the form and software division of a regional consulting company and spent seven years in charge of their education division. He also developed and delivered training for the FDIC and OTS.

Credit Information

Institute of Certified Bankers: Visit http://www.icbmembers.org/login.aspx for instructions regarding self-reporting. Estimated credits: 2.5 hours CRCM/CLBB (self-reporting).

Pricing

Live Webinar:

Member price: $265.00 | Non member price $530.00

On-Demand Webinar

Member price: $280.00 | Non member price $560.00

Registration

Online: Visit the CBA Webinar Catalog

Mail: Click here and mail completed form with check payable to ConferenceEdge to: (Mail at least 10 days prior to event)

ConferenceEdge
1516 Xavier St., Ste 500, Denver, CO 80204

Phone: Call ConferenceEdge at (877) 988-7526 (credit card payments only)

Please Note:

  • Preferred Payment Method: Online
  • Please register online or by phone when paying with a credit card
  • Payment Must Accompany Registration – Invoices are Not Provided

Register online up to day of event. Earlier registration allows time to check your computer for an optimal experience.

Commands