I do regulatory reporting for a bank as well as their loan loss reserve. Will this affect the allowance calculation?I do regulatory reporting for a bank as well as their loan loss reserve. Will this affect the allowance calculation?

No.

Suggestions for risks to include in our initial risk assessment? 

Reporting loans and collecting PDI that would not be covered transactions under 1071 and not reporting loans and collecting PDI that would be mandated under 1071 would be the greatest risks presented by 1071.That is why we emphasized "covered" applications and "covered" transactions during the webinar.