Fair Lending I (+ Manual)
$395.00
Fair Lending I is an introductory, one-day seminar to review these laws and implementing regulations and guidance in detail, explain the importance of a compliance management system, and provide an overview of examiner expectations.
During the Fair Lending I seminar, we will discuss the following topics:
- Equal Credit Opportunity Act / Regulation B
- Detailed overview of GMI and 1071
- Fair Housing Act
- Lobby posters, EHL/EHO, other guidance
- Compliance management system
- Examinations
- Guidance and examples
- Penalties
Duration: One Day
Level: The webinar is at a basic/intermediate level.
Prerequisites: None
Audience: This program is intended for:
- Financial institution compliance and risk executives and officers, as well as any member of the institution where knowledge or understanding of fair lending is important or helpful, including loan officers and loan processors.
- Examiners and third-party consultants, auditors, and related companies.
Delivery Method: On-Demand/Virtual
Materials: Manual and PowerPoint presentation
Description
Preventing discrimination in the financial services industry is a top priority for regulators and financial institutions. Generally, “fair lending” refers to laws that prohibit discrimination in a credit transaction, including the federal Equal Credit Opportunity Act, as implemented by Regulation B, and the Fair Housing Act.
