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Servicemembers Civil Relief Act (SCRA) for Compliance Professionals

 
Explains the rights and obligations afforded to our servicemembers and their dependents and the responsibilities of financial institutions to comply with SCRA and related acts in order to protect servicemembers from certain disadvantages while they are serving the country.​

Updated: May 2019
Re-versioned: June 2016

What You'll Learn

After completing this course, students will be able to:

  • Describe the major provisions of SCRA, highlight recent amendments, and cite those that govern financial services including the following provisions:
    • Limits on foreclosure and eviction
    • Interest rate caps on loans
    • Prohibitions on credit reporting
    • Termination of leases and installment contracts
  • Define those military personnel covered by SCRA and the documentation required
  • Describe the regulations and guidance governing mortgage servicing, modification and foreclosure

Audience

Compliance professionals including compliance managers, officers, and other compliance team members whose primary role is within the compliance function at their financial institution; bank examiners, bank regulators, auditors and lending compliance professionals.

Course Credits

ABA Professional Certifications: 2.0 CERP, CRCM

ABA Certificates: This course applies to the ABA Certificate in Lending Compliance.

Your Instructor

Ryan Rasske
Senior Vice President, Risk and Compliance Markets
American Bankers Association


Ryan is Senior Vice President of Risk and Compliance for the American Bankers Association (ABA). He is responsible for managing the strategic direction of the ABA products and delivery channels within the Risk and Compliance markets to ensure they meet current and anticipated industry needs, and address new or unique market opportunities. ​​​​​​​​​​

​Questions? Please contact ABA Training​ for more information.
 

 Purchase

 

Purchase for a Team
To license this course to your bank for multiple learners, please contact ABA Training.​

 

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