Management wants to charge a new fee on a loan. You have never heard of it. Is it a finance charge or not? Then an out-of-state title company presents another unfamiliar fee. What do you do next? Although Regulation Z doesn’t provide a specific list of items that are or aren’t finance charges, it provides a road map. This program will explain what we call the “Regulation Z Finance Charge Decision Tree” to ensure you make the right decision every time. This webinar will cover the regulation in detail; explain the decision tree for fees not set forth in the regulation; and address how the wrong decision could impact your institution.
Attendance verification for CE credits provided upon request.
Who Should Attend?
This informative session is designed for staff who work with consumer loans (especially mortgages), including management, lenders, processors, auditors, and compliance staff.
If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.