Wednesday, August 5, 2015
9:00 am – 10:30 am HST
12:00 pm – 1:30 pm PT
1:00 pm – 2:30 pm MT
2:00 pm – 3:30 pm CT
3:00 pm – 4:30 pm ET
Fair lending continues to be an examiner hot button. As long as you are making loans, fair lending issues are here to stay. Although cases of overt discrimination are few and far apart, disparate treatment can happen inadvertently. Awareness and periodic monitoring of lending procedures can reduce the possibility of fair lending violations.
Examiners expect financial institutions to conduct ongoing fair lending comparative file reviews. Since the best offense is a strong defense, this webinar will go step-by-step through a comparative file review and provide worksheets and a report format to make it easier.
Continuing Education: Attendance verification for CE credits upon request
- Types of discrimination: overt, disparate treatment, disparate impact
- Lending practices and standards: pricing, underwriting, file documentation, and exception monitoring
- Steps examiners will go through during their fair lending exams
- How and why to conduct a fair lending self-assessment (set the parameters of your fair lending standards)
- Step-by-step guidance on how to conduct a fair lending comparative file review
- Guidance on how to download loan information from your system to conduct an electronic comparison
- TAKE-AWAY TOOLKIT
- Fair lending self-assessment questionnaire
- Excel spreadsheet for data capture (it automatically generates trend analysis)
- Cheat sheet of additional information to consider under new HMDA data requirements
- Report boilerplate to summarize your analysis (for board reporting)
- Employee training log
- Quiz you can administer to measure staff learning and a separate answer key
WHO SHOULD ATTEND?
This informative session is directed to compliance officers, loan officers (commercial and consumer), lending support staff, and auditors. Board members and management will also benefit from this timely session, because they are ultimately responsible for fair lending standards at your credit union.
Webinar content is subject to copyright and intended for your individual financial institution’s use only.
MEET THE PRESENTER
Brode Consulting Services, Inc.