Home Equity/Second Lien Risk Management

View Shopping CartView Registration Options and Pricing
Member PriceNon-Member PriceDescription
$200.00 Archived Webinar + Free CD ROM
$169.00 For CUs Less Than $20M in Assets - Archived Webinar ONLY
   

Thursday, August 21, 2014

9:00 am – 10:30 am HST
12:00 pm – 1:30 pm PT
1:00 pm – 2:30 pm MT
2:00 pm – 3:30 pm CT
3:00 pm – 4:30 pm ET

The housing crisis and the Great Recession permanently changed lending risk management expectations. Home equity and junior lien mortgages are among the portfolios receiving the most intense scrutiny and increased regulatory expectations. This webinar will cover recent regulatory guidance related to junior lien risk management practices and simple steps credit unions can take to ensure compliance. Regulatory compliance and risk management best practices will be addressed as well as underwriting, origination, account and portfolio monitoring, and considerations when implementing line management actions (capping or freezing lines), loan modifications, and ALLL analysis.

Important HELOC Update:  On July 1, the NCUA and the other federal regulators released the Interagency Guidance on Home Equity Lines of Credit Nearing Their End-of-Draw Periods.  The guidance sets forth a number of important risk management expectations for credit unions with meaningful HELOC portfolios.  Guidance issues that will be addressed during this webinar include expectations for borrower outreach, designing modification programs and underwriting changes, determining the TDR status of modified HELOCs, and expectations for management tracking and reporting HELOCs nearing the end of their revolving line.

Continuing Education: Attendance verification for CE credits upon request

HIGHLIGHTS

  • How the Interagency Guidance on Allowance Estimation Practices for Junior Lien Loans & Lines of Credit affects credit unions
  • Tips on ensuring an adequate ALLL methodology is in place for junior lien portfolios
  • Dos and don’ts of a line management program (capping or freezing of a borrower’s line)
  • Regulators’ expectations for monitoring the status of a borrower’s first lien mortgage
  • Best practices for underwriting, documentation, loan modifications, and product design

  • TAKE-AWAY TOOLKIT
    • Employee training log
    • Quiz you can administer to measure staff learning and a separate answer key

WHO SHOULD ATTEND?

This informative session will benefit lenders, risk managers, credit analysts, and those involved with the ALLL process and determining the design or objectives of a junior lien mortgage portfolio.

PLEASE NOTE
Webinar content is subject to copyright and intended for your individual credit union’s use only.

MEET THE PRESENTER

Tommy Troyer
Young & Associates, Inc.

 
View Shopping CartView Registration Options and Pricing
Member PriceNon-Member PriceDescription
$200.00 Archived Webinar + Free CD ROM
$169.00 For CUs Less Than $20M in Assets - Archived Webinar ONLY