This course will introduce the learner to Regulation D and the ways in which it administers the Truth in Savings Act. The course will discuss how Regulation D expects institutions to accurately and uniformly disclose the terms for deposit products and advertise these products honestly. After completing this program, the learner will understand:
- The purpose and importance of accurate disclosures.
- Which disclosures are specifically required under the Truth in Savings Act.
- The definition of terms such as the "Annual Percentage Yield" and "interest rate."
Seat Time: 2.5hrs - Desc:
This course will teach the learner about credit risk management. The course will provide enhanced discussions pertaining to micro and macro lending, the credit cycle, and the general term of "credit." After completing this program, the learner will be able to:
- Understand credit scores, bureaus, and reports, and how to use them in lending decisions.
- Examine how lenders diversify their portfolios and control risk.
- Describe how to establish the 5 C's of Credit, and detail each phase in the credit cycle.
Seat Time: 2hrs - Desc:
This course will provide a comprehensive overview of individual mortgage loan fraud schemes. The learner will be exposed to identity theft, equity skimming, property flipping, silent seconds, and more. After completing this course, the learner will be able to:
- Identify and differentiate between various types of mortgage loan fraud schemes.
- Implement procedures and policies for preventing, detecting, and reporting mortgage loan fraud schemes.
- Understand the role of various regulatory agencies in preventing mortgage loan fraud schemes.
Seat Time: 1hrs - Desc:
This course will provide the learner with an introduction to and overview of the Sarbanes-Oxley Act of 2002 (SOX). The course will detail the history and purpose of the Act and will also provide insight into the types of publically held companies that SOX covers. After completing this course, the learner will understand:
- Requirements imposed by SOX that must be met by the organization.
- The specific responsibilities of independent auditors in making reports.
- How the additional sections of SOX affect the organization.
Seat Time: 3hrs - Desc:
This course will introduce the learner to Regulation Z, which implements the Truth in Lending Act (TILA). The learner will be provided with a detailed overview of the ways in which TILA affects credit extensions and requires disclosures to be sent to consumers. After completing this program, the learner will understand:
- Distinction between open-end and closed-end credit requirements.
- Definition of "home equity plans."
- Relation of Credit CARD Act and Higher Education Opportunity Act to truth in lending.
This course will provide an overview of the history of the Servicemembers’ Civil Relief Act (SCRA) and an individual’s eligibility. This course will also discuss lease and insurance products, as identified in the Act. After completing this program, the learner will understand how to:
- Determine an individual’s eligibility for the benefits under the Act.
- Identify which lease and insurance products are affected by the Act.
- Analyze court actions which may be stayed, postponed, or suspended.
Seat Time: 2.5hrs - Desc:
This course will introduce the learner to operational risk in the business. The course will provide the learner with an overview of operational risk present in other financial institutions as well as how operational risk should be treated in the workplace. After completing this program, the learner will understand:
- Definition of operational risk.
- How risk is measured and identified.
- Basel II's recommendations on operational risk.
This course will introduce the learner to the Right to Financial Privacy Act (RFPA) and the provisions it establishes. The course will also discuss the relationship that the Act has in regard to the financial institution and the requirements that the institution must follow. After completing this program, the learner will understand:
- The purpose of the RFPA.
- When an institution can officially release a customer's records.
- Exceptions to the types of information an institution can release without a specific request or customer consent.