Topics

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

• Understand the specific disclosures that must be present in your institution’s HELOC documents
• Analyze the restrictions imposed on HELOC advertising and the special wording that must be used
• Distinguish when a change-in-terms notice must be sent to the borrower
• Explain the special notice that must be given when a HELOC is reduced, suspended, or terminated
• Determine if a HELOC can be terminated when the borrower moves out of the home or if it significantly declines in value
• Explain how to properly manage HELOCs nearing their end-of-draw period

TAKE-AWAY TOOLKIT: 

• HELOC advertising checklist
• Interagency Guidance on Home Equity Lines of Credit Nearing Their End-of-Draw Period
• Interagency Guidance on Credit Risk Management for Home Equity Lending
• Employee training log
• Interactive quiz
• PDF of slides and speaker’s contact info for follow-up questions
• Attendance certificate provided to self-report CE credits

Speaker(s)

Shelli Clarkston is an attorney with Spencer Fane LLP where she provides financial institutions with proactive legal counsel on regulatory and compliance matters. She received her law degrees from the University of Missouri – Kansas City and her undergraduate degree from the University of Nebraska – Lincoln. In addition, she has a master’s degree from Doane University.

Before joining Spencer Fane, Shelli was the Risk and Compliance Officer for a financial services technology platform with one of the world’s largest technology companies. She oversaw the platform’s regulatory compliance and handled all risk-related matters. She also has experience as general counsel for a community bank, where she managed all legal, regulatory, compliance, and corporate matters.

Fees

Live: $279
On-Demand: $279
Live + On-Demand: $379

Association Contact

Brooke McCormack
Education Meeting Coordinator
bmccormack@indiana.bank
317-387-9380