Equal Credit Opportunity Act (ECOA) for Compliance Professionals
ABA SELF-PACED ONLINE TRAINING
Learn major aspects of ECOA/Reg B from application taking through underwriting and evaluations, to notice and record-keeping requirements. Discover 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.
- 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
Compliance professionals including compliance managers, officers and other compliance team members whose primary role is within the compliance function at their financial institution; bank examiners, bank regulators, auditors and lending compliance professionals.
Your Instructor: Rick Freer
Senior Director Examination & Compliance Programs, American Bankers Association
Prior to joining the ABA, Rick served as a national bank examiner and senior compliance specialist in the Compliance Policy Division at the Office of the Comptroller of the Currency (OCC). In these roles he managed compliance regulations, including fair and responsible lending, UDAP, and HMDA, and compliance risk management initiatives and training activities.
ABA Certificate in Lending Compliance
The New York Bankers Association is a Local ABA Training Provider.
NYBA Professional Development at (212) 297-1679