Since dealerships like yours are dealing with high dollar transactions and loans, they’re subject to and held to many of the same strict standards as traditional banks.
Since dealerships like yours are dealing with high dollar transactions and loans, they’re subject to and held to many of the same strict standards as traditional banks.
Because of this, if your dealership slips out of compliance in any area, you’ll end up having to fork over countless hours of your time to deal with lawyers and court dates — as well as the costly legal fees.
New employees should also be directed to this legal compliance training as well, so everyone has the same foundation and there are no gray areas when it comes to policies at your dealership.
Speaking of that, here are a few regulations this training will cover:
Legal Compliance Training Course Structure:
Understanding FTC Regulations
Federal Laws
Regulation Z
Regulation M
Fair Credit Reporting
Fact Act Red Flags
The Equal Opportunity Act Regulation B
Holder in Due Course
Magnuson-Moss Warranty Act
Gramm-Leach-Bliley Act
The FTC Safeguards Rule
Telemarketing Sales Rules
Credit Practices Rules
U.S. Patriot Act (and how it applies to your dealership)
F&I Rules and Regulations
F&I Terminology
Consumer Financial Protection Bureau
Discrimination
Legal presentation of Numbers
Military
AutoImpact was founded in 2005 by John Eckert, who comes with over 25 years of experience in the dealership at all levels. The unique approach of AutoImpact training reflects the depth of this experience.
Each dealership is respected for the way it accomplishes its goals; AutoImpact turns that style into a disciplined process. All departments are integrated toward the same goal of serving customers who buy.
All personnel are motivated to know how bringing performance, expertise and passion to their roles makes everyone more successful, prepares them for advancement, and keeps the customers happy and loyal.
This CPE event presents actual banking industry case studies to look at what leads to bank compliance failures, and how to handle them.
This course will educate participants on the elements of an effective Business Practices (Ethics and Compliance) Program and how to prevent and detect organizational misconduct and protect the organization, its Board, Executives, employees.
Building Codes Compliance Procedures training is offered by Cohen and Klein Consulting. Cohen & Klein Consulting, Inc. has recognized the growing need for various customized education and training in the U.S. and abroad.
It is a significant responsibility for an organization to implement and maintain a GRC Framework. Many organizations have implemented selected components of a GRC framework, but the challenge remains to integrate the disparate components.
In this course we will give an introduction to two different federal laws that are essential to mortgage professionals that help protect borrowers.
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