LATE CE 3 Hour NY SAFE: Fair Lending, High Cost & Subprime Lending & Cybersecurity (17002)
Description
In this course, we will be discussing three topics: cybersecurity, fair lending, and predatory lending. Chapter 1 will be a discussion on cybersecurity including conversations on social engineering, the NY Cybersecurity Regulation, and identity theft. In Chapter 2, we will discuss fair lending, specifically the New York Community Reinvestment Act, and other fair lending updates from the NY-DFS. We will end our conversation by discussing high-cost and subprime home loans.
NMLS Provider ID #1400062
Late CE 3 Hour NY SAFE Course ID #
$77.94
Course Objectives
By the end of this course, learners will be able to:
- Review of cybersecurity and identity theft regulations in NY
- Discuss the recent enforcement action taken by the NY-DFS for non-compliance with cybersecurity rules
- Describe social engineering and types of schemes included in social engineering
- Describe the history and the requirements under the New York Community Reinvestment Act
- Understand HMDA and how HMDA data is used
- Relate what the NY-DFS Consumer Examinations Unit does
- Identify key points from the NY-DFS Guidance on avoiding discrimination in mortgage lending related to sexual orientation
- Define high cost and subprime home loans
- Understand what is prohibited under New York law related to high-cost and subprime loans
