Virginia Association for Community Banks: Second Quarter Compliance Forum Tuesday Session

Meeting Schedule

• Registration 9:15 a.m. – 9:30 a.m.
• Program 9:30 a.m. – 12:00 p.m.
• Lunch 12:00 p.m. – 1:00 p.m.
• Program 1:00 p.m. – 3:30 p.m.
   

Program Topics

• A Brief Update on the Virginia Consumer Data Protection Act (VCDPA) presented by Kevin Pomfret, Williams Mullen
   
• New Uniform Residential Loan Application (URLA) effective March 1, 2021
  • URLA Data Elements
  • Mortgage Industry Standards Maintenance Organization (MISMO) Data Mapping
  • Identifying potential SARs and related compliance issues
     
• Consumer Mortgage Application Compliance Issues / Hot Spots
  • Ability to Repay
  • Qualified Mortgage
  • Fair Lending (ECOA and FHA)
  • Fair Credit Reporting Act (FCRA)
  • Truth in Lending Act (TILA) and TRID
  • ESign Requirements
     
• FinCEN’s BSA/AML
  • Developments & Recent Releases
     
• CFPB Compliance Bulletins and Rescissions
   
• Recent Enforcement Actions