Adverse Action Notices: Specific Reasons for Denial

JOIN US for our webinar, “Adverse Action Notices.”

When you take adverse action on an application for a credit product/service, Regulation B requires you to disclose the specific reasons that led to your decision. Have you ever been told you are limited to the number of reasons you can disclose? This used to be common years back, and while we don’t see that much anymore, we still occasionally run into institutions that think they cannot disclose more than four reasons on an adverse action notice.

David explains more in the video.

Adverse Action Notices

TWO HOUR TRAINING

Featured Topics: 

• Regulation B & Fair Credit Reporting Act Notification Requirements
• The Who, What, Where, When & How of:
• Denied Applications
• Notices of Incompleteness
• Counteroffers / Counteroffer Denials
• Withdrawals
• Notification Timing Requirements
• Fair Lending Intersections
• Multiple Applicants, Record Retention & Much More! 

Designed for loan officers, loan processors, compliance and audit personnel.

(2.5 Continuing Education credit hours)

PRESENTERS LIVE ON VIDEO!

NO CHARGE FOR ADDITIONAL LOCATIONS!

Published
2022/05/20