Understanding Loan Documents


Presented by: Jack Holzknecht

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Test for readers of this brochure: Take a quick glance at the wording in your note or other loan documents. Do you really understand every sentence? Does everyone in the loan department fully understand the wording? If not, then this is the seminar for you.

Every word in every loan document is there for a specific purpose. However, we find that many bankers do not always understand what the words mean. Automated loan origination systems make it very easy to quickly produce high quality loan documents, but the systems have not eliminated the need to understand what the words mean.

This seminar guarantees that lenders understand the essential information needed to do their job at application, at closing and even through collection of the loan.

This program is unique. It contains essential knowledge needed by every member of the loan department. It makes difficult concepts easy to understand. Also:
  • Attendees learn how to avoid mistakes that can lead to uncollectible loans and lawsuits;
  • The manual is a great desktop reference; and
  • The presenter is an excellent speaker with decades of experience in this topic.
The program addresses the meaning of the wording in the:
  • Note;
  • Mortgage/Deed of Trust
  • Guaranty agreement;
  • Security agreement; and
  • Other forms.
Concepts to be explained include, but are by no means limited to:
  • Joint and several liability;
  • Incorporation by reference;
  • Severability;
  • Default; and
  • Cross collateral.
This program is designed for everyone in the loan department. Loan secretaries, processors and loan officers will all benefit from the program.

About the Speaker: Jack Holzknecht is a principal with Pegasus Educational Services, LLC, a training firm headquartered in Louisville, Kentucky. He is an experienced consultant who has provided training to thousands of bankers and examiners for 22 years. He has the ability to identify the key compliance issues from each regulation. Jack's career began in 1976 as a federal bank examiner. He later headed the form and software and education divisions of a regional consulting company. In that capacity he developed loan and deposit form systems and software. He also developed and presented training programs that were delivered to bankers in 43 states. Jack has been an instructor at compliance schools presented by the Georgia, Iowa, Kentucky, Pennsylvania, Nebraska, New York and Texas bankers associations. He developed and delivered compliance training for the FDIC and OTS for ten years. He is a Certified Regulatory Compliance Manager and a member of the National Speakers Association. He is also a "BOL Guru" and frequently answers compliance questions sent to "Bankers' Threads."

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CD-ROM Includes:
  • Complete presentation (including slides and audio)
  • Written Materials
  • Follow-up Q & A
You have the right under this license agreement for this CD-ROM to use this presentation on a single-workstation. Use on a network is in violation of the copyright agreements. CD may be used by multiple users at a given institution but may not be placed on a network or in any other multi-user environment. This program was recorded in its entirety in July 2009. The CD-ROM includes program slides, materials (if available) and follow-up Q & A document.

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  • Model: cd_loandoc0709
  • Manufactured by: Glia Group, Inc.

This product was added to our catalog on Monday 13 April, 2009.

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