CFTEA

ECOA Equal Credit Opportunity Act for Compliance Professionals

$275.00

SKU: db8e1af0cb3a Category:
Code: A2032SP

Description

Duration2 hours, 30 minutes

Details

2:30min | Credits: 3 CRCM, CERP

Description: Explores major aspects of ECOA/Reg B from application taking through underwriting and evaluations, to notice and record-keeping requirements. Describes the basic requirements of the Fair Housing Act, and rules for furnishing of credit information, record retention, collecting government monitoring information, providing appraisal reports, and conducting self-testing.

Students will learn through a combination of instructor videos, exercises, readings, glossaries, self-assessments and more. Students will complete each course with a final exam to earn Certified Regulatory Compliance Manager (CRCM) credits.

Audience: Compliance and risk management professionals including compliance managers, officers, and other team members whose primary role is within the compliance function at their financial institution; bank examiners, bank regulators, and auditors.

Learning Objectives
After completing this course, students will be able to:

  • Describe the purpose of the ECOA and the Fair Housing Act, and define key terms used in each
  • Identify Regulation B rules relating to the application process, from taking applications to notification of action taken
  • Describe Regulation B rules relating to the furnishing of credit information, record retention, collecting government monitoring information, providing appraisal reports, and conducting self-testing

Prerequisites: None

Updated: October 2020

Signup for our newsletter and be the first to know about new courses and discounts:
  • This field is for validation purposes and should be left unchanged.