This one-day seminar is designed for branch managers, loan officers, bankers, presidents, vice presidents, credit analysts, loan department personnel and attorneys. Experienced professionals will educate participants on the intricacies of consumer lending beginning with a general overview of consumer finance entities to looking at the future of consumer lending. The program will be enhanced by the presentation of Commissioner Kevin P. Lavender.
Topics to be discussed include:
• Overview Of Consumer Finance Entities
• Remarks By Kevin P. Lavender, Tennessee Commissioner Of Financial Institutions
• General And Specific Interest Rates And Loan Changes
• Consumer Protection Act And Consumer Litigation
• The Future
9:00 a.m. - 9:30 a.m.
9:30 a.m. - 10:30 a.m.
II. Overview Of Consumer Finance Entities
A. General Powers Of:
1. Tennessee Chartered Banks
2. Credit Unions
3. Industrial Loan And Trust Companies
4. Small Business Investment Development Companies
5. Residential Lenders
6. Credit Card Bank Act
7. Title Pledges
8. Deferred Presentment
9. Check Cashing Act
10:30 a.m. - 10:45 a.m.
10:45 a.m. - 11:45 a.m.
III. Remarks By Tennessee Commissioner Of Financial Institutions
11:45 a.m. - 12:45 p.m.
Lunch (On Your Own)
12:45 p.m. - 3:45 p.m. (Break 2:30 p.m. - 2:45 p.m.)
IV. General And Specific Interest Rates And Loan Changes
B. Loan Changes
C. Commitment Fees
D. Brokerage Commissions
E. State Most Favored Lender Doctrines
F. Title 12 Rates
G. Federal Preemption
V. Home Loan Act
VI. Retail Installment Sales Act
VII. Consumer Protection Act And Consumer Litigation
VIII. Credit Card Bank Act
IX. Tennessee’s Open-Ended Mortgage Act
3:45 p.m. - 4:45 p.m.
X. The Future
A. Recent Developments
B. Predatory Lending
C. Other Proposed Legislation