There is often confusion regarding the distinction between a guarantor and a co-signer, and the situations where it is permissible to require a guarantor or a co-signer on a loan. The Equal Credit Opportunity Act and Regulation B are a major focus of the NCUA and the CFPB, so credit unions must be well-trained in this complicated area. Besides reviewing the related laws and regulations, this webinar will explain the proper procedures to use when evaluating the use of a guarantor or a co-signer and the rules in proving that applicants applied for joint credit. This webinar will also address the proper procedures to obtain a security interest in jointly-held collateral.
Presenter: Elizabeth Fast, Spencer Fane Britt & Browne, LLP
Who should attend: Branch Managers, Compliance Officers, Lenders, Operations and CEOs
Time: 2 p.m.-3:30 p.m.
Cost: $209 for live webinar only; $229 for live webinar, plus a web link and free CD-ROM
Registration deadline: Thursday, Feb. 28
Pairing conferencing capabilities with web technology, this session brings informative, interactive training directly to you. During the webinar, you'll view a real-time PowerPoint presentation on your computer while listening to the audio connection via telephone.
While credit unions are encouraged to use the webinar to train multiple individuals at once, the credit union will be charged for each computer connection that uses its login code. Participants will receive login instructions and handout materials via email prior to the webinar. In addition, registrants may also receive an archive CD-ROM after the live session.