RC_RC_GO_301.1 ECOA Compliance Basics

1-5 CMB Points Advanced Certified Mortgage Compliance Professional (CMCP) Education Regulatory Compliance, Law, & Fraud Residential Self-Study Web-Based Courses
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Option Price
Member $50.00
Non-Member $100.00

The Equal Credit Opportunity Act (ECOA) is an important anti-discrimination statute that is implemented by Regulation B. The ECOA Compliance Basics course provides an overview of ECOA, including a discussion of its history and in-depth detail on the rules and regulations that govern the taking and evaluating of applications. This course also provides introductory knowledge of the required notifications and disclosures, as well as other ECOA requirements that must be met to ensure compliance. Finally, the course reviews ECOA enforcement, penalties, and liabilities.

This is a single-family/residential course.

Topics
  • Introducing the Act
  • Taking Applications
  • Evaluating Applications
  • Notifications and Disclosures
  • Other ECOA Requirements
  • ECOA Compliance

Seat time approximately 3.5 hours.

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