Ed Banker’s Academy has updated its Compliance training program to include the recent Home Valuation Code of Conduct (HVCC) update.
New York, NY July 01, 2009 — Edcomm Banker’s Academy has updated its Compliance training program to include the recent Home Valuation Code of Conduct (HVCC) update. The Appraisal Regulations module of Focus on Compliance has been revised as part of Edcomm Banker’s Academy’s commitment to providing the most up-to-date financial services information.
The update to HVCC, implemented by Fannie Mae and Freddie Mac, builds on existing Fannie Mae and Freddie Mac seller-servicer guidelines to increase the reliability of appraisals for loans sold to the Enterprises for their portfolios or for securitization. The HVCC applies to lenders that sell single-family mortgage loans to the Enterprises beginning May 1, 2009. It will also help ensure that borrowers, homebuyers and secondary mortgage market investors receive fair and independent property valuations.
Focus on Compliance, from Edcomm Banker’s Academy, is a computer-based, distance-learning program that can be delivered via Internet, Intranet or CD. The program teaches banking compliance using easy-to-understand language in an interactive, self-paced format. Focus on Compliance covers: Bank Secrecy Act (BSA), Anti Money Laundering (AML), USA PATRIOT Act, OFAC, Privacy, Reg P, Gramm-Leach-Bliley Act, Right to Financial Privacy, Sarbanes-Oxley (SOX), Reg CC & Check 21, Reg D, Reg E, Reg Z, Truth in Lending, FCRA, FACT Act, HMDA, CRA and Bank Bribery, among others. The program also includes a quick reference guide to all banking regulations and a searchable library of reference materials.
For more information about programs like this, or to find out how The Edcomm Group Banker’s Academy can customize any training program, log onto www.bankersacademy.com or call +1.212.631.9400.
The Edcomm Group Banker’s Academy is a 22-year-old multimedia education and communication consulting firm specializing in the development of creative business solutions that improve productivity, customer service and market share – providing bottom-line results. The Edcomm Group Banker’s Academy has had the privilege of assisting many distinguished clients with business solutions in the form of eLearning programs, classroom instruction, multimedia production and online and print based documentation. Edcomm Banker’s Academy offers many off-the-shelf and customized courses such as Teller Training, Compliance Training and Systems Training specifically designed for Banks, Credit Unions and Money Services Businesses (MSBs).
The Edcomm Group Banker’s Academy (www.bankersacademy.com) is headquartered in New York City with locations and representation throughout the world.
Contact:
Linda Eagle
Edcomm Banker’s Academy
21 Penn Plaza Suite 1010
New York, NY 10001, USA
Tel: +212.631.9400
Fax: 212.631.0659
linda.eagle@edcomm.com
http://www.bankersacademy.com
—
This article was first published at JKHanok.com
The article can be re-published on your site as long as this message remains intact.
This work by JK Hanok Press Release Center is licensed under a Creative Commons Attribution-No Derivative Works 2.0 UK: England & Wales License.
—
