Michael Forster of Sandberg Phoenix & von Gontard, P.C. will present a seminar on complying with the guaranty provisions of Regulation B.

Lenders can no longer risk taking Reg B compliance casually.
Examiners have begun to set their sights on Regulation B compliance and class action lawyers may not be far behind. Regulation B affects virtually every loan and carries severe penalties for failure to comply. In addition to invalidating offending guaranties, Regulation B also permits class action suits for punitive damages up to 1% of the lender’s net worth plus attorney fees.


Take Advanatage of FREE Training
Michael Forster of Sandberg Phoenix & von Gontard, P.C. will present a seminar on complying with the guaranty provisions of Regulation B. The program will include a discussion of when guaranties are permitted, who are permitted guarantors and what procedures must be followed to legally take a guaranty.  The seminar will also cover effective methods for originating a loan to avoid violation of Regulation B.

This session is intended for MBL Loan Officers
and Credit Union CEOs.


Date:   Wednesday, March 20
Time:   8:30 a.m. (registration)
            9 a.m. - noon (presentation)

Location: MCUA St. Louis Office
                2055 Craigshire Road
                St. Louis, MO 63146

 

March 20th, 2013 8:30 AM   through   12:00 PM
MCUA ST. LOUIS OFFICE
Training Room
2055 CRAIGSHIRE RD
SAINT LOUIS, MO 63146-4012
United States

Event Info

When

March 20th, 2013 8:30 AM   through   12:00 PM

Where

MCUA ST. LOUIS OFFICE
Training Room
2055 CRAIGSHIRE RD
SAINT LOUIS, MO 63146-4012
United States

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