EmailNew Adverse Action Notices – Reg B and V – Webinar
Compliance ALERT – Section 1100F Dodd-Frank Act
On July 6, 2011 the Federal Reserve and FTC issued the final rules to implement the credit score disclosure requirements of the Dodd-Frank Act. This affects both REG V of the Fair Credit Reporting Act (FCRA) and REG B of the Equal Credit Opportunity Act (ECOA). The final rule is effective 30 days after publication in the Federal Register, which is expected soon!
The Feds have added two new REG V Risk Base Pricing Notices and issued changes to REG B’s Adverse Action Notices, C1-C5!
There is no time to waste- sign up for this webinar or purchase the OnDemand recording.
Covered Topics:
• The new credit score disclosure requirements
• What to do if you don’t use credit scores or no score is available!
• When are the new Adverse Action Notices required?
• Do these requirements compare to or replace the new risk-based pricing requirements?
• AAN Rules for joint applicants
• Using Multiply Credit Scores and Consumer Disclosure
• What you need to do if the Credit Score is not available
• Account Review(s) and consumer notifications
• Rules regarding Multi-Party Transactions
• Examples and Model Notices
Who Should Attend?
This informative session is designed for Presidents, Managers, Credit Analysts, Commercial & Consumer Lenders, Compliance & Risk Officers, Human Resource Trainers, and anyone responsible for establishing, reviewing, & maintaining policy & procedures.
Instructor: Greg Souther
Schedule and Registration Information
Choose the delivery type that best suits your needs. Tuition includes textbook (if applicable).
Webinar times are EST. All other class times are local time.
| Delivery Type | Start Date | End Date | Start Time | End Time | Location | Tuition | |
|---|---|---|---|---|---|---|---|
| In-House | Any | Submit Request |
