Fair Lending: New Emphasis in 2021 and What it Means to Your Institution Webinar

Fair lending is always a hot topic, of course, but even more so in 2021. We have a new administration with new priorities and goals, which are already translating into additional requirements and more strict enforcement. Are you keeping up with all the changes that will impact your institution? It is more critical now than ever to ensure your fair lending program covers all the bases. There are new ways of looking at lending patterns, activities, and risks, and new expectations from the agencies.

How is your fair lending program? Have you accounted for these new risks examiners are and will be looking for? This program will help you to understand the extent and particulars of new legislation and regulation, including Regulation B (ECOA), the Fair Housing Act (FHA), and guidance the regulatory agencies (including the CFPB) have introduced recently. We’€™ll also discuss trends in fair lending and the direction Congress, agencies, and the courts are likely to go in the near future.

The “Fair Lending: New Emphasis in 2021 and What It Means to Your Institution” has been approved for 2.5 CRCM credits. This statement is not an endorsement of this program or its sponsor. Credits are redeemable for Live attendance only. To receive a certificate, email streaming@oncourselearning.com. Certification holders must report these credits at https://aba.csod.com.

Covered Topics

  • Expansion of fair lending priorities and expectations ‘€“ from Congress as well as the regulatory agencies
  • Prohibited bases under the rules (what you can do, as well), including changes in definitions
  • Evaluating applications and underwriting ‘€“ what you can and cannot consider
  • Government monitoring information ‘€“ when to get it and how to handle it
  • Fair lending litigation trends and lessons, including re-emphasis of disparate impact
  • Redlining (including reverse redlining) ‘€“ what is it, how do we analyze it, and what is new (hint: plenty)
  • ‘Intrabank’€ vs. ‘Interbank’€ redlining analyses, including the opportunity assessment
  • Digital redlining ‘€“ what is this and how does it impact your institution?
  • REMA/Marketing Area/Service Area ‘€“ what is this? What should we do to be ready for our next exam?
  • Dealing with small business loans
  • Treatment of income and other underwriting issues
  • Fair lending issues in the servicing environment
  • Proxies and the BISG method ‘€“ should we do this?
  • Advertising and disclosing in a foreign language ‘€“ what are the rules?
  • The future of DFA 1071 ‘€“ when will we see rules (hint: soon)?
  • CRA as a fair lending tool
  • Developing an effective and comprehensive fair lending CMS
  • ‘Convergence’€ with UDAP/UDAAP ‘€“ what should we do?
  • Consequences for violating the rules – not just fines
  • And more

Plus frequent question and answer sessions throughout this presentation.

Who Should Attend?

Anyone in the institution having virtually any responsibility in the lending process has fair lending responsibilities, from senior management, loan officers, underwriters, and closing agents, to compliance officers, auditors, and attorneys, and would benefit from this valuable information.

Continuing Education (CE) Credits

This webinar is recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.

View Delivery Options

Related Topics

Course TitleCreditsStart DateStart TimeDelivery TypeDelivery OptionInstructor / LocationPrice
Fair Lending: New Emphasis in 2021 and What it Means to Your Institution0.25 Any AnyWebinarOn-Demand Faculty$279.00 Register Now
Delivery Options

Webinars for Banks and Credit Unions

Live Webinar:

INCLUDES 30 DAYS OF ONDEMAND PLAYBACK! With this option, you will participate in the webinar (via the internet) as it is being presented. You will login to the webinar on your PC to view the PowerPoint presentation, and you have the option of using your PC speakers or a phone for the audio. You can type and send your questions to the instructor.  And don‰’t worry if you miss the webinar, you can still view it for up to thirty days after it takes place!

Live Plus Twelve Months OnDemand Playback:

With this option, you will receive the live version, then you will receive an e-mail that contains a link to the PowerPoint slides (to download, print, and copy) as well as a link where you will view and hear the entire webinar just as it was delivered, featuring the full-color PowerPoint presentation with audio. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. The link will be available to you (and anyone else in the company) for up to twelve months and can be accessed 24/7 as many times as you wish. Delivered via e-mail the day after the webinar takes place.

Live, Twelve Months OnDemand Playback PLUS CD-ROM VIDEO:

By adding the CD-Rom to your order, you will have non- internet access to make the webinar part of your training library.  The CD-ROM Recording is a great option for viewing a webinar. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. With this option, you will receive a download of the PowerPoint slides and a CD-ROM Recording (featuring PowerPoint presentation with audio) of the webinar via regular mail. Mailed 7 to 10 days after the webinar takes place.

Recorded Webinar Options available as Twelve Months OnDemand and Twelve Months OnDemand and CD-Rom

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