Are you as knowledgeable in the Fair Lending regulations as you should be? Do you know how they pertain to your role and responsibilities? Has your compliance program changed with the changes in regulations? Fair Lending for financial institutions encompasses a group of laws and regulations prohibiting discrimination in the extension of credit to consumers. Failing to follow the fair lending compliance regulations can result in civil money penalties, restrictions on branching and significant reputational damage for an institution. During this program we will go through each of the regulations that fall under Fair Lending.
IMPORTANT MESSAGE: The School will include an overview of each Fair Lending regulation and the latest developments in regulatory compliance, which could change the topics and schedule shown below.
To ensure you get the full class experience, please have your camera on. Having cameras on is proven to increase connection with your peers and enhance your online experience.
School Tuition includes all modules. You can also choose to attend individual Modules (Day 1, Day 2 Day 3) as shown in the Registration section
Details below.
Day 1: Module 1 – March 30, 2023
Time: 1:00-3:00 PM EST
What you will learn:
- Overview of Fair Lending School
- Illegal Discrimination
- Overt
- Disparate treatment
- Disparate impact
- Fair Housing Act (FHA)
- Overview
- Civil Rights Act of 1964
- Discrimination
- Enforcement
- Equal Credit Opportunity Act (ECOA)
- Overview
- Discrimination
- Enforcement
Day 2: Module 2- April 6, 2023
Time: 1:00-3:00 PM EST
What you will learn:
- Americans with Disabilities Act (ADA)
- Overview
- Discrimination
- Enforcement
- Community Reinvestment Act (CRA)
- Overview
- Discrimination
- institutions covered
- Enforcement
- Home Mortgage Disclosure Act (HMDA)
- Overview
- Data transparency
- Reporting
- Enforcement
Day 3: Module 3- April 13, 2023
Time: 1:00-3:00 PM EST
What you will learn:
- Creating and maintaining Fair Lending Program
- Examinations, Compliance program
- How to prepare?
- What to do when the examiners reach out?
- The steps you need to take
- Post examination: amending your compliance program
Audience: Chief Credit Officers, commercial lenders, commercial loan assistants, Compliance Officers, auditors, Fair Lending officers, Collections staff, Loan Administration staff, CRA officers, branch staff with lending responsibilities
Instructor
Justin Muscolino
Justin brings over 20 years of wide-ranging experience in compliance, training and regulation in the banking sector. Previously he served as Bank of China’s Head of Compliance Training, Macquarie Gr... read more.