Lending Compliance for Home Equity Lines of Credit (HELOCs)
1 hour 30 minutes
Understand the requirements and challenges that can exist with HELOCs.
This presentation will provide an overview of the compliance requirements with HELOCs, and assist you in better understanding the marketing, processing, regulatory, and other compliance requirements in offering and servicing HELOCs. This material will also provide you with a better understanding of the regulatory requirements and challenges that can exist with HELOCs. In addition, this topic will address the opportunities that may be present to better hone an institution’s consumer credit product offerings.
• You will be able to define the features of a HELOC.
• You will be able to describe the requirements and contents of TILA disclosures for HELOCs.
• You will be able to discuss which rules apply to HELOCs.
• You will be able to explain the limits on suspending or terminating HELOCs.