BankerCollege

This comprehensive financial services training is your go-to source for military lending compliance.  Guidance for adhering to the Military Lending Act (MLA) and Service members Civil Relief Act (SCRA) requirements is covered in an easy-to-follow format, along with recommended practices to achieve compliance with these regulations.  This banking webinar will also include a review of recent enforcement actions and provide practical strategies to avoid the most common violations.

Attendees to this banking webinar will learn:

• The types of covered accounts
• How to calculate and disclose MAPR
• Who is considered a covered borrower
• Requirements for MLA and SCRA compliance
• In-depth review of the MLA’s safe-harbor provision
• Mortgage and student loan protections for active service members
• The effect of MLS/SCRA on financing add-on products, security interests, and credit cards,
• Common pitfalls and practice tips to achieve MLA and SCRA compliance from origination through servicing and collections