As long as you are making loans, fair lending concerns are here to stay. Although cases of overt discrimination are few and far apart, disparate treatment can often happen inadvertently. Awareness, monitoring and a periodic comparative file review can lessen the possibility of adverse issues arising in your institution. Join us for this informative session.
We will start with reviewing the types of lending discrimination and provide examples to enhance your understanding of these critical terms. Another critical component of understanding potential fair lending issues is includes the discussion of redlining. Then we will walk you through the steps of a comparative file review and also provide tools to make it all easier for you, such as worksheets and a sample report format.
The discussion regarding fair lending issues will be a great refresher for all of your mortgage loan originators.
Who Should Attend
This informative session is directed to Compliance Officers as well as Loan Officers (commercial and consumer), all loan support personnel and Auditors. And because the Board and Management are ultimately responsible for your fair lending standards, they would also benefit from this timely session.
Continuing Education Credit Information
Fair Lending – Understanding the Basics and How to Conduct a Comparative File Review has been approved for 2 CRCM credits. This statement is not an endorsement of this program or its sponsor. Credits are redeemable for Live attendance only. For questions on certificates, please email firstname.lastname@example.org. Certification holders must report these credits at https://aba.csod.com.
Recommended for 2 CEU Credit Hours. After attending this webinar, each attendee can receive a Certificate of Attendance for self-reporting of CEU Credits.