ECOA (Regulation B) Compliance Training Course
This compliance training course covers the rules and requirements for a job relating to Regulation B & ECOA. Complete the ECOA & Regulation B test today.
$14.95
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https://www.onlineed.com/catalog/285/ECOA-Regulation-B-Compliance-Training-Course
https://www.onlineed.com/catalog/285/ECOA-Regulation-B-Compliance-Training-Course
Key Features:
Includes Video
Video segments highlight important points
This compliance training course is a general overview of the Equal Credit Opportunity Act (ECOA), enforced by the Consumer Financial Protection Bureau and other regulatory agencies.
Package Summary
| Price: | $14.95 (USD) |
|---|---|
| Category: | Vocational Training > Mortgage > Core Compliance Training |
| Features: | online video |
Courses Provided By:
OnlineEd
14355 SW ALLEN BLVD STE 240,
Portland, OR 97223
(503) 670-9278
mail@onlineed.com
ECOA (Regulation B) Compliance Training
This course covers the rules and requirements for employees who have job functions relating to ECOA.
ECOA and Regulation B compliance training course have specific requirements for adverse action notices. The required elements, listed in 12 CFR 202.9 include that the notice provide the creditor's name and address, a statement of the action taken, a list of the principle and specific reasons for the adverse action, and the ECOA notice. This training will provides information regarding the requirements under ECOA and when adverse action notices apply.
This course is a section-by-section review of Regulation B. We'll start by describing the classes that are protected from discrimination in lending and compare it to the Fair Housing Act. Then we'll go through the important sections of ECOA, starting with § 1002.2 and ending with § 1002.16.
At the end of the course is a 20-question final exam. The exam is not timed and requires a 75% or higher passing score. Failed attempts can be retaken until the minimum score has been achieved.
This course will remain available to students for 365 days after enrollment.
Our Mission Statement
To provide superior distance education that exceeds industry standards and expectations in course content and delivery methods to those who seek to enter a new profession and those engaged in a profession.