Ability to Repay – Are You in Compliance with the New CFPB Rules? Webinar
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When: Archive only
Where: In Your Credit Union
Contact: Kristina Kirchmer

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The financial industry has experienced the CFPB ability to repay rules since January 2014.  What seemed perfectly clear last December may not be as clear when you have to calculate ability to repay on a daily basis.  This webinar is designed to address those items creating problems for financial institutions.  It will focus on the "How do I deal with this?” questions, bring you up to date on regulation and interpretation changes, and briefly cover the regulation itself.  Much of the material will be in a Q&A format, based on questions that have been asked over the last few months.


  • What does the regulation require?
  • What changes have occurred in the last couple months?
  • What have the regulators said recently?
  • The most frequently asked questions
  • Plenty of question and answer time during the webinar
    • 12 CFR § 1026.43 – Regulation Z Ability to Repay regulatory text and commentary together, making researching the regulation much easier
    • Employee training log
    • Quiz you can administer to measure staff learning and a separate answer key

Attendance verification for CE credits provided upon request.

Who Should Attend?
This informative session is designed for all individuals who are involved in the ability to repay process, including lenders, processors, underwriters, auditors, and senior management.

ABOUT THE PRESENTER – Bill Elliott, CRCM, Young & Associates, Inc.
Bill Elliott has over 30 years of banking experience.  As a senior compliance consultant and manager of the compliance division with Young & Associates, Inc., Bill works on a variety of compliance-related issues, including leading compliance seminars, conducting compliance reviews, conducting in-house training, and writing compliance articles and training materials.

Bill’s career includes 15 years as a compliance officer and CRA officer in a large community bank, as well as working at a large regional bank.  He has experience with consumer, commercial, and mortgage loans, and has managed a variety of bank departments, including loan review, consumer/commercial loan processing, mortgage loan processing, loan administration, credit administration, collections, and commercial loan workout.


Educational Investment:


Lending Council members receive 10% discount.

Asset Size Live Webinar Only Archive Only Live Webinar & Archive
Over $75 million




$25 - $75 million




Under $25 million




Education Scholarship

Scholarships are available for all KCUA education events. Scholarships pay 100% of registration fee for credit unions under $25M, 50% for credit unions between $25-$75M and 25% for credit unions over $75M.



Upon registration, you will receive an email confirmation that you can print for your records. Connecting instructions will be emailed to you.