Topics

• Fair lending legal and regulatory structure – a brief history and where these requirements come from
• Who exactly is covered: “applicants” and “creditors”
• Special Purpose Credit Programs – leveling the playing field
• Violation consequences
• Related laws and regulations: HMDA, CRA, ADA, and more
• Prohibited bases under the rules (what you can do, as well), including changes in definitions – including examples and scenarios
• “Vulnerable populations” – covered?
• Legal theories of discrimination – how is fair lending enforced? Including examples
• Fair lending throughout the lending process – from A to Z
• The fair lending risk assessment – quantitative and qualitative factors
• Marketing considerations – putting your best foot forward
• Regulator priorities – supervisory reports 
• Discrimination is UDAAP – CFPB and FDIC exam manuals: what does this mean?
• Redlining (including reverse redlining) – what is it, how do we analyze it, and what is new (hint: plenty)
• “Intrabank” vs. “Interbank” redlining analyses, including the opportunity assessment – what are the standards?
• Digital redlining – what is this and how does it impact your institution? How to look at redlining in the digital age
• REMA/Marketing Area/Service Area – what is this? What should we do to be ready for our next exam?
• Marketing and advertising issues – what can and can’t we do?
• Artificial intelligence (AI), algorithms, and “big data” – new areas of opportunity as well as risk
• Fair lending issues in the servicing environment, especially debt collection, default management, and foreclosures
• Government monitoring information – when to get it under Reg. B and HMDA, and how to handle it, including the URLA/1003 application form, and new Fannie/Freddie requirements for servicers
• Foreign language issues and “Limited English Proficiency,” or LEP, customers – how to handle this thorny issue?
• Dealing with commercial loans
• DFA 1071 – understanding the requirements and implications
• Proxies and the BISG method – should we do this?
• Fair lending dos and don’ts
• Appraisal bias – a developing issue: what to do now
• Automated valuation model (AVM) issues with discrimination
• Adverse action notices
• Discretion – the “D” word
• Steering issues
• Exceptions – understanding them
• Fair lending training
• Evaluating applications and underwriting – what you can and cannot consider
• CRA as a fair lending tool
• Developing an effective and comprehensive fair lending CMS

Speaker(s)

Carl Pry is a Certified Regulatory Compliance Manager (CRCM) and Certified Risk Professional (CRP) who is a Senior Advisor for Asurity Advisors in Washington, DC. Through his more than 30-year working career, as well as through his experience as a banking attorney and officer, he has provided a variety of regulatory compliance and financial performance services to financial institutions and other clients throughout the country. He has written extensively regarding consumer and commercial compliance, tax, audit, and financial institution legal issues, and is a frequent contributor to and currently serves as the Chair of the Editorial Advisory Board for the ABA Bank Compliance magazine. He has spoken at scores of banking, compliance, and state bar associations, and has conducted training sessions for financial institutions across the country.

Fees

$849.00 or 3 Tokens

Available Upgrades

• Additional Live Access $250.00 per person

Association Contact

Brooke McCormack
Education Meeting Coordinator
bmccormack@indiana.bank
317-387-9380