2021 Spring Compliance Conference URLA and Related Consumer Compliance Issues Virtual Conference
Tuesday, May 18, 2021
9 AM – Noon | 1 PM – 4 PM (EST)
South Carolina Bankers Association members: $250 • Non-members: $1,000
There will be no refunds of registration fees after noon on Friday, May 14, 2021.
Please register before May 12, 2021
With the implementation of the revised, modernized Uniform Residential Loan Application (URLA), new compliance issues and opportunities are on the rise. The new appearance enhances consumer understanding and ease of use, along with increasing lenders’ data-capture opportunities and improved ability to fulfill evolving compliance obligations. There are new URLA features, fields, and format to learn as you prepare for updated compliance reviews and audits following implementation of this critical mortgage-loan document effective March 1, 2021. This session will detail the new URLA’s five sections, offer compliance and training tips, and explain the subtle formatting features and enhanced data collection elements. Familiarize yourself with the new URLA and explore additional resources, including application tools for non-English speaking applicants.
In compliance, everything is closely related! Our session will also cover the integral compliance rules and regulations that affect how we gather and process consumer mortgage loan transactions, from cradle to grave. Fair Lending is an extremely high priority for the new Presidential Administration and Fair Credit Reporting Act continues to make headlines due to its broad coverage on almost every adult in the United States. Let’s catch up on some of the blazing hot buttons including TRID, ATR, QM, Privacy and E-Sign requirements. Our session will help you fit all the pieces of the puzzle together in a compliant manner to ensure we’re ready for the new Administration’s enforcement priorities.
ABOUT THE SPEAKER: PATTI JOYNER, FINANCIAL SOLUTIONS
Patti Joyner is a dynamic speaker and leader with strong, intuitive management skills,
and a deep conviction that “excellence is not optional.” She has extensive experience
in working with financial institutions, bank data processors and governmental agencies.
Patti has more than 40 years of experience in the financial industry as an entrepreneur
and financial institution executive. She is a Certified Public Accountant, skilled regulatory
compliance consultant, bank operations specialist, system automation designer and
an enthusiastic regulatory compliance instructor who believes in providing real-world
solutions ready for immediate implementation.
Patti founded Financial Solutions in 1990 to offer financial institutions complete, costeffective
regulatory compliance solutions, thereby eliminating an institution’s need to rush
to increase overhead. The company specializes in providing regulatory compliance
assistance for financial institutions through policies, programs, on-site compliance reviews
and customized training.
1. New Uniform Residential Loan Application (URLA) effective March 1, 2021
a. URLA Data Elements
b. Mortgage Industry Standards Maintenance Organization (MISMO) Data Mapping
2. Consumer Mortgage Application Compliance Priorities
a. Fair Lending (ECOA and FHA)
b. Fair Credit Reporting Act (FCRA)
c. Truth in Lending Act (TILA) and TRID
d. Ability to Repay (ATR) & Qualified Mortgages (QM) Update
e. Privacy Standards
f. E-Sign Requirements
PLEASE REGISTER BEFORE MAY 12, 2021
Due to necessary commitments and expenses, there will be no
refunds of registration fees after noon on Friday, May 14, 2021.
SUBSTITUTIONS CAN BE MADE.
If you have questions, please call the SCBA at 803.779.0850
9:00 a.m. Session Begins
1:00 p.m. Session Resumes
4:00 p.m. Session Adjournment
• Attendees will receive the digital manual that can be downloaded and printed.
• A Certificate of Training will be provided.
Who Should Attend
This informative session will benefit:
• All regulatory compliance personnel
• Mortgage loan officers
• Loan processing and closing staff
• Mortgage quality-control staff
• Anyone who completes or relies on the URLA