Compliance School Lending Track

Lending Track 

• May 18, 2026
• May 19, 2026
• May 20, 2026

The school will run from 8:30 am to 4:30 pm each day. A light continental breakfast will be provided. There will be a morning and an afternoon break. A 45-minute lunch will be served at 12:00 noon.

Part 1

Consumer loan product regulations are more complex and detailed than ever with more significant changes and guidance becoming effective at regular intervals. With greater scrutiny comes higher risk of noncompliance and the likelihood of enforcement action and/or civil money penalties. This program offers a comprehensive discussion of consumer compliance regulations and effective assessment methods. Lenders and compliance officers will be better prepared to effectively audit, train, and manage the bank’s compliance lending requirements.

Reg B: Equal Credit Opportunity Act

• Equal treatment and fair lending considerations
• Application stages: inquiries, incompletes, withdrawals, denials, and approvals
• Collection of government monitoring information
• Adverse action rules and business loan denial options
• New requirements for providing copies of appraisals and evaluations.

Fair Credit Reporting Act

• Permissible purpose
• Requirements of users of consumer reports• Duties of furnishers of information to a CRA
• Requirements relating to identity theft.

Unfair, Deceptive, or Abusive Acts or Practices (UDAAP)

• The FTC Act/Dodd-Frank Act
• Standards for determining what is unfair, deceptive or abusive.
• Deceptive acts and practices
• Abusive acts or practices
• Managing risks

Flood Disaster Protection Act

• Flood insurance eligibility and determination
• Private Policy requirements and challenges
• Required notification and acknowledgment.
• Insurance and escrow requirements
• Force placed insurance, penalties and liabilities.
• What examiners look for in a flood exam.

Reg C: Home Mortgage Disclosure Act (HMDA)

• Requirements, responsibility and reporting
• Loan application register
• Setting HMDA audit sampling sizes
• Discuss common violations.
• Discuss expanded data field.

At the conclusion of Part 1, participants should be able to:

• Differentiate between an application and an inquiry for disclosure purposes, describe the eights stages of an application and identify the latest fair lending issues
• Understand key regulatory provisions of lending rules such as furnishing adverse action notices and FACTA disclosure requirements
• Calculate flood insurance coverage for residential, commercial and condos using replacement cost value rules
• Complete a HMDA report and understand the coding rules to determine what transactions are HMDA reportable

Part 2

Part 2 focuses on the numerous and nuanced requirements for Regulation Z and RESPA. The comprehensive discussion sets the table for Part 3 and Truth in Lending/RESPA integrated disclosures.

Reg Z: Truth in Lending Act

• Coverage and exemptions
• Finance charges, annual percentage rate and amount financed
• Adjustable-rate mortgage (ARM) disclosures
• Mortgage transfer disclosure
• Right of rescission
• Higher-priced mortgage loans
• Homeownership counseling
• Ability-to-Repay / Qualified Mortgage rules
• Requirements for Home Equity Plans

Reg X: Real Estate Settlement Procedures Act (RESPA)

• Homeownership counseling
• General disclosure requirements
• Restriction of fees
• Escrow accounts
• Mortgage servicing and error resolution procedures
• Early intervention requirements, continuity of contact, and loss mitigation procedures

At the conclusion of Part 2, participants should be able to:

• Describe the Ability-to-Repay and QM rules
• Understand the QM exemption rules
• Identify finance and prepaid charges, calculations, APR tolerances and payment streams on Truth in Lending disclosures
• Recognize when kickback provisions expose the bank to penalties, calculate the initial escrow statement and perform an ongoing annual accounting adjustment when there is a funding surplus, shortage or deficit

Part 3

Part 3 continues discussion on mortgage lending regulatory requirements. Current information is essential for managing an effective compliance program.

Homeowners Protection Act (PMI)

• Coverage
• Cancellation and termination
• Disclosure requirements
• Civil liabilities

Reg Z: TILA-RESPA Integrated Disclosures

• Loan estimate
• Closing disclosure
• Tolerances

Military Lending Act

• Coverage
• Lending limitations / Prohibited practices
• MAPR calculation
• Disclosure requirements

At the conclusion of Part 3, participants should be able to:

• Understand the PMI requirements.
• Review new loan estimate and closing disclosures.
• Describe the three tolerance thresholds and applicable fees for each.
• Understand the coverage, scope, and requirements for compliance with the Military Lending Act provisions.​

Speakers

Monique Reyna, CRCM | Compliance Consultant

Monique Reyna brings a wealth of knowledge and experience to TCA’s impressive team of compliance professionals. Along with over 25 years of experience in lending operations, she has earned both a B.A. in Organizational Management and a master’s in business administration. Ms. Reyna’s experience in virtually every aspect of lending uniquely qualifies her in her role with TCA. She began her career at Freddie Mac as an administrative assistant, and shortly thereafter began working on seller/servicer audits. During her early career, she held positions in every area of lending including processing, underwriting, closing, post-closing and servicing.

For 14 years prior to joining TCA, she served as both a Vice President and Senior Vice President of Lending, supervising both loan origination and servicing. Ms. Reyna was responsible for regulatory compliance within the lending department. In this capacity, she developed bank policies and procedures, conducted internal compliance reviews for new loan originations and loan servicing, reviewed the year-end HMDA LAR for accuracy, and provided staff training. Ms. Reyna joined TCA in May 2016.

Michelle Strickland, CRCM | Managing Partner /Co-President

Michelle Strickland brings a wealth of commercial, consumer and residential loan compliance to her position at TCA, Thomas Compliance Associates, Inc. Like many senior compliance officers, Ms. Strickland began her banking career on the teller line, but her early career also included consumer, residential and secondary market loan processing. Her next step up was as a systems administrator for six bank branches; Ms. Strickland’s responsibilities included customizing the bank’s loan origination systems.

Ms. Strickland’s most recent experience, at a large Indiana bank, included responsibility for three operational areas: loan servicing; commercial loan processing and documentation; and residential and consumer loan processing and documentation. Her duties included the preparation of Risk Assessments on loan operations functional areas, vendor relationships, pipeline reports and, of course, regulatory compliance. Ms. Strickland joined TCA in early 2014.

Location

Virginia Bankers Association
4490 Cox Road
Glen Allen, VA 23060
Free parking on-site.

Wi-Fi

The Wi-Fi network is VBAGuest, the password is banker4490.

Session Materials

The password to view the session materials is Compliance26.

2026 Compliance School Lending Track - Day 1

2026 Compliance School Lending Track - Day 2

2026 Compliance School Lending Track - Day 3

Attendee Roster

See who is attending!

Hotel Information

Drury Plaza Hotel Richmond
11049 West Broad Street
Glen Allen, VA 23060

The rate includes a hot breakfast, evening food and drinks at 5:30 pm, parking and Wi-Fi.