ECOA Timing Traps: Getting the Notice of Incompleteness (NOI) and Timelines Right
Course Description
ECOA has strict timelines—and mistakes here are one of the most common exam findings. This session takes a closer look at timing rules, including the proper use of the Notice of Incompleteness (NOI), how to stop the clock, and how to document timelines for withdrawn, incomplete, and denied applications. We’ll also walk through recent examiner trends and how to prepare for them.
Agenda
Overview of ECOA timelines: what’s required, and what examiners expect
When and how to issue a valid Notice of Incompleteness
Understanding application date definitions and their impact on timing
How to document and explain timing decisions for complex files
Common examiner findings related to ECOA timelines and how to avoid them
ECOA timelines and HMDA alignment: avoiding mismatches
Instructor: Jess Hawks
Course Description
ECOA has strict timelines—and mistakes here are one of the most common exam findings. This session takes a closer look at timing rules, including the proper use of the Notice of Incompleteness (NOI), how to stop the clock, and how to document timelines for withdrawn, incomplete, and denied applications. We’ll also walk through recent examiner trends and how to prepare for them.
Agenda
Overview of ECOA timelines: what’s required, and what examiners expect
When and how to issue a valid Notice of Incompleteness
Understanding application date definitions and their impact on timing
How to document and explain timing decisions for complex files
Common examiner findings related to ECOA timelines and how to avoid them
ECOA timelines and HMDA alignment: avoiding mismatches
Instructor: Jess Hawks
Course Description
ECOA has strict timelines—and mistakes here are one of the most common exam findings. This session takes a closer look at timing rules, including the proper use of the Notice of Incompleteness (NOI), how to stop the clock, and how to document timelines for withdrawn, incomplete, and denied applications. We’ll also walk through recent examiner trends and how to prepare for them.
Agenda
Overview of ECOA timelines: what’s required, and what examiners expect
When and how to issue a valid Notice of Incompleteness
Understanding application date definitions and their impact on timing
How to document and explain timing decisions for complex files
Common examiner findings related to ECOA timelines and how to avoid them
ECOA timelines and HMDA alignment: avoiding mismatches
Instructor: Jess Hawks