Fair lending issues continue to be emphasized by regulatory agencies. In this webinar, we will explain the types of lending discrimination and provide examples to ensure your team is able to identify and prevent potential issues. Another critical component of identifying fair lending issues includes a discussion of redlining. We will also walk through the current fair lending materials issued from the regulatory agencies, including the Fair Lending Report of the Bureau of Consumer Financial Protection.
Through a study of these documents, we will discuss redlining, appraisal discrimination, the use of artificial intelligence, reconsideration of value and disability discrimination all of which are topics that should be addressed within your institution’s policies, procedures, training or monitoring activities. These topics and more have been the subject of recent agency issued blogs, press releases, webinars, speeches and enforcement actions. Join us as we share tips and best practices to ensure your organization has updated its fair lending compliance management system to include these areas with this renewed focus on fair lending.
Who Should Attend
This informative session is directed to Compliance Officers as well as Loan Officers (commercial and consumer), all loan support personnel and Auditors. Because the Board and Management are ultimately responsible for your fair lending standards, they would also benefit from this timely session.
Continuing Education Credit Information
Fair Lending – Key Components & Current Agency Guidelines has been approved for 2 CRCM credits. This statement is not an endorsement of this program or its sponsor. Credits are redeemable for Live attendance only. For questions on certificates, please email email@example.com. Certification holders must report these credits at https://aba.csod.com.