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Fair Lending Essentials and Update

Federal fair lending enforcement actions against financial institutions continue to poise huge risks to any intuition, regardless of size or complexity. In this session, you’ll review the key elements of an effective fair lending program, gain tactical tips for maintaining compliance, and learn to avoid common challenge areas that leave your institution open to unnecessary risk.

OnDemand
DATE

Recorded Tuesday,
October 7, 2025

INSTRUCTOR

Kimberly Boatwright

DURATION

1 Hour 30m

FORMAT

Webinar

CREDIT TYPE

2 CRCM Credits

$299.00 or 1 Token

Includes: 30 Days OnDemand Playback, Presenter Materials and Handouts

  • Auditing
  • Commercial/Business Lending
  • Compliance
  • CRA Compliance
  • General Compliance
  • Lending
  • Lending Compliance
  • Management/Employee Development
  • Mortgage Lending
  • Risk Management/Legal
  • Trainer

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Throughout every administration in the last ten years, it has become clear that enforcement of fair lending laws is a high priority. Enforcement actions are not limited to just one or two key issues; there is broad assault on fair lending issues.

A strong fair lending program requires more than simply dotting i’s and crossing t’s. Discrimination can be obvious, subtle, or unintended.

Charges of discrimination can come from any direction. Risk comes in the form of penalties, regulatory enforcement actions, civil liability, or damage to an institution’s reputation, to mention a few. The best defense to these threats and risks is developing and maintaining a sound fair lending compliance management system.

Over the years, fair lending violations have led to consent decrees that include:

  • Significant civil monetary penalties
  • Huge reputation risks which lead to program requirements (i.e. new locations, stronger vender management etc.)
  • Reimbursement to borrowers
  • Burdensome remedial action to prevent further violations

What You'll Learn

  • Fair lending concepts:
    • Laws and regulations
    • Bases of discrimination
    • Types of discrimination
  • How to mitigate fair lending risk:
    • Reviewing policies and procedures for fair lending problems and eliminating those concerns
    • Training: Who, How, When, and What
    • Monitoring/Auditing
    • Exemptions
    • HMDA data
    • Marketing/Advertising
  • Statistical analysis:
    • When is such analysis suggested
    • How to conduct the analysis
    • Should you do it yourself or contract the service
  • Recent developments:
    • Finalizing Small Business Data Collection and Reporting (Section 1071)
    • CRA rules and how they are tied to fair lending programs
    • Fair lending enforcement actions
    • Redlining cases

Who Should Attend

This session is ideal for members of the board of directors, managers of all lending departments, institution counsel, compliance officers, fair lending and CRA officers, loan officers, and auditors.

Kimberly Boatwright

Instructor Bio

Kimberly Boatwright is EVP and Director of Risk and Compliance at Compliance Resource, LLC, and has more than two decades of experience working in the financial services industry. Ms. Boatwright is a well-regarded financial industry risk and compliance professional with a strong background in program development and implementation. She is a thought leader who specializes in Fair Lending, Anti-Money Laundering, OFAC, and consumer compliance. During her career, she has worked for and consulted with all types of financial institutions helping to establish and evolve compliance and risk programs. She is a frequent public speaker, trainer, and author on compliance and risk management topics. Kimberly is a Certified Regulatory Compliance Manager and a Certified Anti-Money Laundering Specialist.

Continuing Education Credit Information

Fair Lending Essentials and Update has been approved for 2 CRCM credits. This statement is not an endorsement of this program or its sponsor. Credits are redeemable for both Live and OnDemand viewing. For questions on certificates, please email support@oncourselearning.com. Certification holders must report these credits at https://aba.csod.com.

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