A LENDER'S GUIDE TO COMPLIANCE SUITE

Suite Description

This suite of courses focuses on the compliance laws you must be familiar with when performing lending activities. It gives you an understanding of when each law would apply or not apply. It also helps you understand the law you must apply in different situations. Finally, at the end you will be able to put together a compliant loan package.

Courses and Objectives

Regulation Z and Truth in Lending Act (TILA)

• Describe the purpose of the Truth in Lending Act
• Identify the situations when TIL applies or does not apply
• State the disclosure requirements

Effective Interest Rate (EIR) Disclosure

• Recognize the transactions that require you to give the EIR versus the TIL Disclosure
• Describe what is included in the EIR disclosure
• Describe when to provide the initial and subsequent EIR Disclosures

Regulation X and Real Estate Settlement Procedures Act (RESPA)

• Describe the purpose of RESPA
• Determine when RESPA applies
• State the required disclosures and timing for delivery

Regulation B and Equal Credit Opportunity Act (ECOA)

• Understand the general provisions of Regulation B
• Apply the provisions of the Act when taking and evaluating applications
• Understand when creditors must provide copies of appraisals

Fair Credit Reporting Act (FCRA)

• Describe the purpose and applicability of the FCRA
• Define what is a “Consumer Report”
• Identify disclosure requirements under FCRA

Fair Lending

• List the four important federal laws that comprise the Fair Lending Laws
• Identify and differentiate between the different forms of lending discrimination
• Apply the Fair Lending practices to marketing, pricing, and underwriting and processing of products and services

Fair Housing Act

• Describe when FHA applies
• State prohibited bases under FHA
• Identify prohibited practices under FHA

Regulation C and Home Mortgage Disclosure Act (HMDA)

• Determine the lenders and institutions that must report under HMDA
• Identify the types of loans that must be reported
• State the data to be collected, compiled, disclosed, and reported

Flood Insurance

• Explain the purpose of the National Flood Insurance Reform Act of 1994
• Identify when flood insurance is required
• Describe compliance procedures

Suite Features

• Engaging visual content featuring charts, graphs, and infographics
• Audio narration with option to read audio transcript
• Simple, easy-to-use course navigation
• Practice questions with multiple choice, matching, click and drag, and text entry interactions
• Section overviews with objectives and summaries
• Glossary of important terms

Pricing Options

Contact your Adayana Business Development Representative for pricing information.

A selection of pages from Adayana’s A Lender’s Guide to Compliance Suite of courseware, featuring engaging visual content, practice questions, and navigation tools.