Wednesday, September 7, 2011

NAA/NMHC Webinar: New Credit Score Disclosure Obligation

NAA/NMHC Webinar: New Credit Score
Disclosure Obligation
Wednesday, September 21 from 1:00 – 2:00 PM ET

Effective July 21, apartment firms that use a “credit score” to deny a rental application may have additional obligations to disclose that to applicants. The change is a result of last year’s Dodd-Frank Wall Street Reform law (P.L. 111-209).

NAA/NMHC will host a members-only webinar to help firms understand how, or if, the regulatory change affects them on Wednesday, September 21 from 1:00 – 2:00 PM Eastern Time.

This webinar will cover:
  • The difference between a “credit score” and a “proprietary score”,
  • What triggers the new disclosure obligations, and
  • What must be included in the new notices to affected applicants
In addition, we have posted a guidance document that was produced by NAA/NMHC and Ballard Spahr LLP with more information on the regulations.
http://naahq.informz.net/z/cjUucD9taT0xMjgxNTkxJnA9MSZ1PTc1NDE0Njc4OSZsaT01NjUxOTI2/index.html 
The webinar is limited to NAA and NMHC members. There is no cost to participate; however, space is limited and advance registration is required. 
Panelists: 
  • John L. Culhane, Partner, Ballard Spahr LLP
  • David Carner, President, Leasing Desk
  • Lisa Williams, Vice President of Management Systems, Bozzuto Management Company
  • Jay Harris, Vice President, Business Services, CoreLogic SafeRent

No comments:

Post a Comment