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Course Updates – Summary of Changes

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Course Updates – Summary of Changes January 24, 2019 Course Updates – Summary of Changes Regulations • Private Mortgage Insurance – 109 • CU - Private Mortgage Insurance – 17153 • Second Lien Real Estate Mortgage Loans - 117 • BOD - Community Reinvestment Act – 13440 • Community Reinvestment Act (CRA) for Small Institutions - 57 • Community Reinvestment Act (CRA) for Intermediate Small Institutions – 80 • Community Reinvestment Act (CRA) for Large Institutions - 4872 • Flood Insurance – 32 • CU - Flood Insurance – 16373 • BOD - Flood Insurance – 13408 • CU - BOD - Flood Insurance - 45899 • Commercial Compliance Overview – 29 • CU - Residential Mortgage A-B-C: Mortgage Regulations – 17156 • Residential Mortgage A-B-C - Mortgage Regulations - 49 Maintenance • Bank Secrecy Act for Operations – 97 • CU – Collection Practices and Loan Workouts – 19882 • Elder Financial Abuse – 66747 • CU - Elder Financial Abuse – 67323 • .CU - Elder Financial Abuse – 16357 • . Elder Financial Abuse – 92 • GM - Elder Financial Abuse – 97517 • Fair Debt Collection Practices Act (FDCPA) - 12 • CU - Fair Debt Collection Practices Act (FDCPA) – 17185 • FSC - Fair Debt Collection Practices Act - 13096 • Real Estate Settlement Procedures Act - Regulation X - 40019 • CU - Real Estate Settlement Procedures Act - Regulation X - 17197 • Federal Regulation of Real Estate Appraisals - 1899 • CU - Federal Regulation of Real Estate Appraisals - 17186 • Reserve Requirements - Regulation D – 45 • CU - Reserve Requirements - Regulation D – 23102 • DI - Sexual Harassment - 66745 • . DI - Sexual Harassment - 2151 January 2019 OnCourse Learning Course Updates • FSC - Sexual Harassment - 29978 • GM - DI - Sexual Harassment - 52966 • Truth in Lending Act - Regulation Z - 5442 • CU – Underwriting Home Mortgage 19951 Course Refresh Project • . DI - Sexual Harassment 2151 • DI - Sexual Harassment 66745 • Bank Secrecy Act for Operations 97 • . Electronic Funds Transfer Act - Regulation E 88 • BOD - Community Reinvestment Act13440 • CU - Reserve Requirements - Regulation D 23102 • Reserve Requirements: Regulation D 45 • CU - Collection Practices and Loan Workouts 19882 • Advertising Compliance 8 • CU - Advertising Compliance 16339 • CU - Fair Debt Collection Practices Act (FDCPA) 17185 • Fair Debt Collection Practices Act (FDCPA) 12 • FSC - Fair Debt Collection Practices Act 13096 • FSC - Sexual Harassment 29978 • CU - Federal Regulation of Real Estate Appraisals 17186 • DB - Federal Regulation of Real Estate Appraisals 48190 • Federal Regulation of Real Estate Appraisals 1899 • CU - Bank Secrecy Act for Deposit Operations Employees 19910 • GM Anti-Money Laundering (AML): Commission and Executive Board/Management Overview 34259 • A Borrower's Right to Privacy in a Mortgage Transaction 12271 • Accepting Negotiable Instruments 129 • Affiliate Transactions: Regulation W 4979 • Americans with Disabilities Act 45100 • AML for Lenders 858 • AML for Tellers 846 • Anti-Boycott 14 • Anti-Money Laundering 66739 • Anti-Tying 84 • Appraisal and Evaluation Interagency Guidelines 34814 • Bank Bribery Act 37 • Bank Broker/Dealer Exemptions: Regulation R 81 • Bank Secrecy Act for Deposit Operations Employees 49003 • Bank Secrecy Act for Tellers 66742 • BOD - AML for Directors and Senior Management 13 • BOD - Bank Secrecy Act for Directors and Senior Management 51 January 2019 OnCourse Learning Course Updates • BOD - Board Delegation of Operating Authority 45204 • BOD - Board's Role in Monitoring Performance 45207 • BOD - Compliance Management System 13289 • BOD - Elder Financial Abuse 13378 • BOD - Fair Lending Overview 13688 • BOD - Flood Insurance 13408 • BOD - Loans to Executive Officers: Regulation O 13496 • BOD - Preparing for a Compliance Examination 13290 • BOD - Security of Customer Information Guidelines 13562 • BOD - Strategic Planning for Financial Institutions 34843 • BOD - Unfair, Deceptive or Abusive Acts or Practices for the Financial Institution 13650 • Bomb Threats and Other Security Issues 164 • BSA CSRs - Is It Or Isn't It? 4462 • BSA for Front Lines: Connect The Dots 14465 • BSA for Front Lines: What Are Friends For? 14626 • BSA/AML for Trust 40 • Bureau of Consumer Financial Protection - BCFP 45105 • Cash Management Services 34815 • Change Management 45102 • CISA - 09 - Interactive Voice Response System 9115 • CISA - 11 - Media and Equipment 9121 • CISA - 19 - File Backup and Storage 9137 • Collection Practices and Loan Workouts 34819 • Commercial Compliance Overview 29 • Consumer Credit Lending Practices 34822 • Consumer Protection Through Accurate and Ethical Advertising 45138 • Countering Human Trafficking 84733 • CU - A Borrower's Right to Privacy in a Mortgage Transaction 45630 • CU - Accepting Negotiable Instruments 17203 • CU - Americans with Disabilities Act 45838 • CU - AML for Lenders 13830 • CU - AML for Tellers 13961 • CU - Analyzing Personal Financial Statements 16340 • CU - Appraisal and Evaluation Interagency Guidelines 19886 • CU - Bank Bribery Act 17205 • CU - Bank Secrecy Act 67363 • CU - Bank Secrecy Act for Lenders 67364 • CU - BOD - AML for Directors and Senior Management 16342 • CU - BOD - Bank Secrecy Act for Directors and Senior Management 16343 January 2019 OnCourse Learning Course Updates Regulations Private Mortgage Insurance – 109 CU - Private Mortgage Insurance – 17153 Second Lien Real Estate Mortgage Loans – 117 The Federal Housing Finance Agency (FHFA) today announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2019. In most of the U.S., the 2019 maximum conforming loan limit for one-unit properties will be $484,350, an increase from $453,100 in 2018. The 2019 maximum conforming loan limit for one-unit properties will be $484,350, an increase from $453,100 in 2018. https://www.fhfa.gov/Media/PublicAffairs/Pages/FHFA-Announces-Maximum-Conforming-Loan-Limits- for-2019.aspx January 2019 OnCourse Learning Course Updates BOD - Community Reinvestment Act – 13440 Community Reinvestment Act (CRA) for Small Institutions - 57 Community Reinvestment Act (CRA) for Intermediate Small Institutions – 80 Community Reinvestment Act (CRA) for Large Institutions - 4872 Beginning January 1, 2019, banks and savings associations that, as of December 31 of either of the prior two calendar years, had assets of less than $1.284 billion are small banks or small savings associations. Small banks and small savings associations with assets of at least $321 million as of December 31 of both of the prior two calendar years and less than $1.284 billion as of December 31 of either of the prior two calendar years are intermediate small banks or intermediate small savings associations. https://www.occ.gov/news-issuances/news-releases/2018/nr-ia-2018-139a.pdf Flood Insurance – 32 CU - Flood Insurance – 16373 BOD - Flood Insurance – 13408 CU - BOD - Flood Insurance - 45899 On December 14, 2018, the OMB issued guidance to affected agencies on implementing the required annual adjustment, which included the relevant inflation multiplier.6 The OCC has applied that multiplier to the maximum CMPs allowable in 2018 for national banks and federal savings associations as listed in the 2018 CMP notice to calculate the maximum amount of CMPs that may be assessed by the OCC in 2019.7 There were no new statutory CMPs administered by the OCC during 2018 Per violation 2,187 for 2019, up from $2,133 for 2018 https://www.govinfo.gov/content/pkg/FR-2018-12-27/pdf/2018-27784.pdf January 2019 OnCourse Learning Course Updates Commercial Compliance Overview – 29 Second Lien Real Estate Mortgage Loans – 117 CU - Residential Mortgage A-B-C: Mortgage Regulations – 17156 Residential Mortgage A-B-C - Mortgage Regulations – 49 The Bureau of Consumer Financial Protection (Bureau) is amending the official commentary that interprets the requirements of the Bureau’s Regulation C (Home Mortgage Disclosure) to reflect the asset-size exemption threshold for banks, savings associations, and credit unions based on the annual percentage change in the average of the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). Based on the 2.6 percent increase in the average of the CPI-W for the 12-month period ending in November 2018, the exemption threshold is adjusted to increase to $46 million from $45 million. Therefore, banks, savings associations, and credit unions with assets of $46 million or less as of December 31, 2018, are exempt from collecting data in 2019. Change of the asset-size exemption threshold for banks, savings associations, and credit unions from $45+L9 million to $46 million in assets as of December 31, 2018, regarding the collection of data in 2019. https://s3.amazonaws.com/files.consumerfinance.gov/f/documents/bcfp_final-rule_home-mortgage- disclosure-act_annual-adjustment_12-2018.pdf January 2019 OnCourse Learning Course Updates Course Refresh Project The following courses have been reviewed and copy edited. This is an ongoing program to improve the flow of the courses, replace dated illustrations, charts, and timeliness of the text. In some cases, the reviews have been performed to coincide with regulatory updates or normal course maintenance. • . DI - Sexual Harassment 2151 • DI - Sexual Harassment 66745 • Bank Secrecy Act for Operations 97 • . Electronic Funds Transfer Act - Regulation E 88 • BOD - Community Reinvestment Act13440 • CU - Reserve Requirements - Regulation D 23102 • Reserve Requirements: Regulation D 45 • CU - Collection Practices and Loan Workouts 19882 • Advertising Compliance 8 • CU - Advertising Compliance 16339 • CU - Fair Debt
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