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Fair Credit Reporting Act - Webinar (Recorded)

  • Webinar

  • 65 Minutes
  • July 2024
  • Lorman Business Center, Inc.
  • ID: 5970805

Understand Metro2®, eOscar, and your compliance requirements for consumer credit reports within the CFPB.

Understand Metro2®, eOscar, and your compliance requirements for consumer credit reports within the CFPB. Like many consumer protection statutes, the Fair Credit Reporting Act presents unique compliance challenges for creditors and other data furnishers of consumer credit information. From responding to disputes made through the various credit bureaus to direct consumer disputes, your company must have the right policies and procedures in place to comply with the law and recent CFPB mandates. This topic will provide a step-by-step discussion on how to respond to various types of consumer credit report disputes and show you how to establish best practices and policies that will keep your company in compliance.

Learning Objectives

  • You will be able to review and overview of the FCRA.
  • You will be able to explain how to respond to credit reporting disputes.
  • You will be able to discuss CFPB and the FCRA.
  • You will be able to identify the role of the CFPB.

Agenda

Overview of the FCRA
  • Definitions and Key Terms
  • Requirements of the FCRA
  • Potential Liability
Responding to Credit Reporting Disputes
  • Types of Disputes
  • Responding to Disputes Through Eoscar and Metro2®
  • Responding to Direct Disputes
The CFPB and the FCRA
  • The Role of the CFPB
  • Recent CFPB Interpretations
  • Compliance With CFPB Mandates

Speakers

  • Matthew D. Urban
  • Matthew D. Urban,
    Weltman, Weinberg & Reis Co., L.P.A.


    • Managing attorney of the credit union group in the Pittsburgh office of Weltman, Weinberg & Reis Co., L.P.A.
    • Oversees all facets of credit union collection, litigation and compliance work across Pennsylvania
    • Practices in consumer collections, focusing on general consumer collection and litigation matters
    • Member of the Allegheny County Bar Association
    • Licensed in Pennsylvania and is admitted to practice before the U.S. District Court (Western and Middle District of Pennsylvania)
    • Serves as vice president in charge of education for the Pennsylvania Creditors’ Bar Association
    • J.D. degree, Duquesne University School of Law; B.A. degree in history, magna cum laude, West Virginia University

Who Should Attend

This live webinar is designed for bankers, loan officers, mortgage brokers and owners, accountants, controllers, CFOs, CEOs, presidents, vice presidents, branch managers, real estate professionals, and attorneys.