Fair Lending Regulations and Exams

NCUA issued a letter to credit unions, 13-FCU-02, to explain the agency’s emphasis in examinations on fair lending. This session covers the regulations that deal with fair lending – Regulation B, Regulation C, and the Fair Housing Act – as well as “best practices” highlighted in the Fair Lending Guide that accompanied the letter. We also discuss what a credit union can expect if faced with a Fair Lending examination and how credit unions can prepare.

Covered Topics

  • Protected classes
  • Types of lending discrimination
  • Potentially discriminatory practices
  • Preparing for a fair lending supervisory examination
  • Recommended training for lending and other staff

Who Should Attend?

Loan officers, Lending supervisors, mortgage lending staff, Compliance Officers.