Jul 23, 2025
An in-depth dive on understanding consumer compliance requirements, specifically for HELOCs. This session will include how to handle adverse situations, such as a decline in home value.
Wednesday, July 23rd, 2025
2:30 pm - 4:00 pm EST
Home equity lines of credit (HELOCs) are secured by a mortgage but have very distinct and unique compliance requirements from that of a traditional mortgage loan. Join us as we dive deep into the specific requirements for HELOCs, starting with the program specific disclosure, required compliance disclosures, and contents of the periodic statement.
Included in this session is how to handle challenging situations by properly calculating a significant decline in home value, identifying when additional draws can be restricted, and when a credit limit can be reduced. All are critical components for managing the HELOC product within the regulatory guidelines.
If your institution offers HELOCS or is exploring adding them to the product mix, this session will provide the details needed to satisfy compliance requirements from application through note burning!
Molly Stull began her banking career on the teller line while working on her undergraduate degree and has continued working in the financial industry ever since. Some of her experience includes roles in operations, business resumption planning, consumer compliance, and conducting audits. Her favorite role is ensuring that her audience, whether on the sports field or in the financial industry, understands the "why" behind the rule. Her wealth of financial knowledge and her numerous years of experience enable her to relate the material to the audience.
Who Should Attend?
This informative session is designed for anyone involved with originating or servicing your HELOCs, including consumer lenders, loan servicing staff, credit officers, compliance officers, and auditors.
$299.00 or 1 Token
Available Upgrades
Elizabeth DeHaven
Education Manager
o: 317-387-9380
d: 317-333-7169
edehaven@indiana.bank