Self-Paced Regulatory Compliance Training for Lenders

Author: Jeffrey Torp, Lorraine Hyde
Format: Looseleaf
Frequency: 1 update annually
Price: $525
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Sales Tax: for NY, TX, DC, CT orders only.

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Don’t Risk Lending Compliance Problems.
The examiners are looking for any sign of noncompliance with the many lending regulations. Agencies like HUD and the Department of Justice are also on the lookout for lenders they can make examples of. Adverse court decisions can create even more problems. So why make lending any riskier?

Now you can train your lending staff to stay in compliance with the latest regulations effectively and affordably. Sheshunoff® Self-Paced Regulatory Compliance Training for Lenders lets each person on your team learn at his or her own pace, right in your bank. There are no off-site or travel expenses, no time missed from work, and no whirlwind sessions with most of the material forgotten before the class is even over.

This affordable, effective training program teaches the ins and outs of the legal and regulatory compliance issues that affect lending. The emphasis is on application. The regulations are presented in context of each step of the lending process, so you learn how to apply them to your everyday activities. The manual is organized by task, such as:

Taking the application
Evaluating the loan request
Extending credit
Closing the loan
Regulatory considerations

Chapter tests and reviews help to reinforce the material, and users may send for a final test.

Train Your Lending Staff Easily, Effectively, and Affordably.

Sheshunoff Self-Paced Regulatory Compliance Training for Lenders lets your staff members learn to keep your bank in compliance at their own pace, without a single day lost from work. Chapter material is continuously reinforced through self-tests and reviews. The approach is on implementation and application of the rules and methods being taught, and many examples are used to illustrate complex points.

You should read each course one lesson at a time. At the end of each lesson, there is a lesson review. Questions in the lesson review should be answered before proceeding to the next lesson. At the end of each course, there is a course examination. You should complete these exams and compare your answers with those that are provided. Once you have completed both the course exams in this manual, you can request the final examination by calling Customer Service, toll free, at 1-800-456-2340.

You must score 70 percent or higher on the final examination. The exam is self-administered in your institution. You must return the completed exam and a processing fee to Sheshunoff Information Services, Inc., for grading. A senior officer of your institution must certify that all exam requirements are met.

After successfully completing the final exam, students receive a certificate. Certification is for two years from the date of certification. After your initial certification expires, you must receive recertification. Sheshunoff provides course materials for the recertification examination as part of the main subscriber’s annual fee.

Professional trainers and consultants use Sheshunoff’s Self-Paced Training manuals as part of their programs. You can too. Click above to order your Sheshunoff Self-Paced Regulatory Compliance Training for Lenders or call us at 1-800-456-2340.

About the Authors

Jeffrey Torp is a consultant in the area of regulatory risk for financial institutions. He specializes in the financial institution industry and has more than 25 years of experience serving financial institution clients in matters relating to bank regulation. Mr. Torp is an attorney and has previously served as a consultant with KPMG and with McGladrey & Pullen, LLP, and as legal counsel to the Independent Bankers of Minnesota. He received his law degree from William Mitchell College of Law in St. Paul, Minnesota, and his Bachelor of Arts Degree from Augsburg College in Minneapolis, Minnesota. Mr. Torp has worked with financial institutions throughout the country on regulatory issues and given numerous presentations on regulatory topics to groups of bankers, bank examiners, trade associations, and attorneys. He has also served as an instructor for the Independent Bankers Association of America’s compliance school and certification program, and authored several publications.

Lorraine Hyde is a certified bank compliance officer and is certified as a fraud examiner by the Association of Certified Fraud Examiners. Ms. Hyde was employed for six years as a department head of investigation for the Division of Liquidation of the Federal Deposit Insurance Corporation. Ms. Hyde was also employed as the compliance officer, consumer loan training coordinator, and manager of consumer lending for a major Twin City thrift. Ms. Hyde’s expertise is in consumer, home equity, and small business lending, loan review and analysis, and bank fraud investigations for the Federal Deposit Insurance Corporation (FDIC) and Resolution Trust Corporation (RTC). She currently resides in Phoenix, Arizona.