Required Training for Loan Originators


Presented by: Mary Beth Guard and Jack Holzknecht

Add CD-ROM to Cart:

(Product will be shipped via USPS)


On January 20, 2013 the Consumer Financial Protection Bureau (CFPB) published final rules that revised the Truth in Lending Act (TILA) to require creditors to establish and maintain loan originator qualification requirements. One of the qualification requirements mandates that a creditor provide adequate training for loan originators. The final rules were effective on January 1, 2014. This program explains the training requirements contained in Section 1026.36(f)(3)(iii).

Failure to provide periodic training for loan originators is a violation of the Truth in Lending Act and Regulation Z. This program explains how to establish and maintain an appropriate loan originator training program.

TOPICS - upon completion of this program, participants understand:
  • Who is a "loan originator"
  • How to develop related policies and procedures
  • How to develop training plans for individual loan originators
  • What should be included in the training content
  • How a loan originator "tests out" of a topic
  • How frequently the "periodic training" should occur
  • What training methods and options are acceptable
  • How to document training
Participants receive a detailed manual that serves as a handbook long after the program is completed

This two-hour program explains the training requirements contained in Section 1026.36(f)(3)(iii).

The program is designed for mortgage loan department management, trainers, compliance officers, auditors and others with responsibilities for assuring loan originators receive required training.

About the Speakers: Jack Holzknecht is a principal with Pegasus Educational Services, LLC. He has been delivering the word on lending compliance for 38 years. In Jack's 33 years as a trainer over 125,000 bankers (and many examiners) have participated in his live seminars and webinars. Jack's career began in 1976 as a federal bank examiner. He later headed the form, software and education divisions of a regional consulting company. There he developed loan and deposit form systems and software. He also developed and presented training programs to bankers in 43 states. Jack has been an instructor at compliance schools presented by several state bankers associations. He developed and delivered compliance training for the FDIC for ten years. Jack is a Certified Regulatory Compliance Manager and a member of the National Speakers Association. He is also a BOL Guru.

Mary Beth Guard currently serves as Executive Editor of, CEO of Glia Group, Inc. and Executive Editor of Since graduating from law school in 1980, Mary Beth has focused her work almost exclusively on the banking industry. Previously, Mary Beth served as EVP/General Counsel and COO for the Oklahoma Bankers Association, EVP of Specialized Services for Thomson Financial Publishing, and General Counsel for the Oklahoma State Banking Department. Mary Beth is on the advisory board for Bankers' Hotline. She has presented training programs for virtually every major national financial industry association, as well as more than a dozen state bankers associations and a host of other organizations. In addition, Mary Beth has written more than a thousand banking-related articles and is a BOL Guru.

This program was recorded in its entirety in April 2014. The CD-ROM includes program slides, materials (if available) and follow-up Q & A document.

Add to Cart:

  • Model: cd_loanorig0414
  • Manufactured by: Glia Group, Inc.

This product was added to our catalog on Monday 03 February, 2014.

Copyright © 2022