Get all your 1071 Resources here – https://lp.bankerscompliance.com/small-business-lending-data-collection-regulation-b
Jerod discusses the challenges and requirements of collecting business ownership status information for small businesses. He advises about filling procedure. He also discusses procedures for conducting applications over the phone and handling different responses from applicants. Gave recommendations for collecting business ownership status and how to properly store other application information.
Clip taken from 1071 Group find training here – https://store.bankerscompliance.com/#?keyword=1071