The UK's Financial Conduct Authority has announced that publication of the LIBOR index is not guaranteed beyond 2021. Many financial institutions tie their adjustable rate mortgage loans, home equity lines of credit and/or credit cards to this index. Institutions should be taking steps now to prepare for this upcoming change.
What You Will Learn
Join Regulatory Compliance Counsel Michael Christians from Michael Christians Consulting, LLC for this 90-minute webinar to hear about the following:
- Possible replacement indexes that may be used by your institution
- How this change will affect your disclosure requirements in connection with adjustable rate mortgages
- How this change will affect your disclosure requirements in connection with home equity lines of credit
- CFPB rulemaking on steps that financial institutions can take now in preparation for the transition away from the LIBOR index
Who Should Attend?
This webinar is specifically designed for loan originators, retail banking personnel, loan processors, lending management, compliance officers and auditors.
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