Fair Lending School

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.

OnDemand School Tuition includes all sessions below. 

Session One:

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

Session Two:

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

Session Three:

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