Description
RELEASE DATE: SEPTEMBER 20, 2021
DURATION: 70 MINUTES
The Truth in Lending Act, implemented by Regulation Z, was enacted to promote the informed use of consumer credit by requiring disclosures about its terms and costs. The Act also contains a number of substantive protections. Regulation Z, the Truth in Lending Act (TILA), protects consumers against inaccurate and unfair credit billing and credit card practices. It requires your credit union to provide borrowers with loan cost information so that they can comparison shop for certain types of loans.
Are you sure you know how to comply with Regulation Z (TILA) requirements? With today’s scrutiny on consumer and mortgage lending practices, examiners increasing their loan documentation scrutiny, it’s even more important to “get it right”.
Chuck Uguccini, Senior Compliance Officer with ViClarity will guide you through all of the pertinent Regulation Z/TILA requirements. You will receive the latest and most up-to-date information related to Reg Z/TILA, include:
- High Level Overview
- Open End Lending Provisions (non-real estate)
- Closed End Lending Provisions (non-real estate)
- Disclosure requirements
- Change in Terms
- Right of Rescission
- Real Estate Lending Provisions
- Advertising & Marketing Requirements
- ATR / QM Rule (Past and Present)
Looking for other Regulation Alphabet Training
- Click here to learn about training on Regulation B: Equal Credit Opportunity Act
- Click here to learn about training on Regulation CC: Check Holds
- Click here to learn about training on Truth in Savings Act (NCUA Part 707)
- Click here to learn about training on Regulation E: Electronic Funds Transfers
- Click here to learn about training on Regulation V: Fair Credit Reporting Act
MEET THE PRESENTER
Chuck Uguccini, is a Senior Compliance Officer for ViClarity US. He specializes in the areas of compliance and risk management. He has more than 20 years of experience in the financial services industry and has held leadership positions with various financial institutions throughout his career. He is skilled in negotiation, consumer lending, business planning, operations management, and risk management. Chuck currently holds the Credit Union Compliance Expert (CUCE) designation from the Credit Union National Association along with the NAFCU Certified Risk Manager (NCRM) and NAFCU Certified Bank Secrecy Officer (NCBSO) designations from National Association of Federal Credit Unions (NAFCU).