Fair Lending Cornerstones: Best Practices & Current Agency Guidance 2022 | Financial Education & Development Inc. | 24 March 2022 | Webinar

Regulators are reviving their focus on fair lending and have published new materials and related guidance. It is critical that your institution is using these resources to update your fair lending compliance management system. These topics and more have been the subject of recent agency-issued blogs, press releases, webinars, speeches, and enforcement actions. Are they receiving adequate attention at your financial institution, too?

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

• Use current agency guidance to enhance your fair lending compliance management system
• Assist consumers with limited English proficiency
• Explain sex-based discrimination
• Discuss appraisal discrimination
• Understand the components of the new Combatting Redlining Initiative
• Describe redlining actions that resulted in enforcement actions

The regulatory agencies are renewing their emphasis on fair lending. This webinar will dive into the recent agency-issued fair lending materials, including the Fair Lending Report of the Bureau of Consumer Financial Protection, to ensure you have the most up-to-date resources and training materials. The Bureau’s annual risk-based prioritization process involves combining emerging developments and trends with tips and leads from industry whistleblowers, advocacy groups, and government agencies; supervisory and enforcement history; consumer complaints; and results of HMDA analysis and other data.

Based on these documents, this webinar will cover redlining, appraisal discrimination, special purpose credit programs, sex-based discrimination, and consumers with limited English proficiency – all of which should be addressed in your institution’s policies, procedures, training, or monitoring activities. Join us to learn tips and best practices to ensure your organization has updated its fair lending compliance management system to reflect this renewed focus.

2022 Presenter

Molly Stull
Consultant, Brode Consulting Services, Inc.