Financial Institutions Event: Fair Lending – Recent Developments, Trends, and Important Issues

Fair lending is a hot topic right now, but that’s no surprise – it is an issue that is always near or at the top of the regulators’ list of concerns. But within this year in particular we’ve seen more activity in the fair lending space than perhaps any in recent memory. From a new administration to Executive Orders to changes in the way various prohibited bases are viewed, there is a lot to pay attention to. As well, examiners are scrutinizing fair lending programs and efforts in new ways, and they have increased expectations. Plus – have you taken a hard look at how the new 1071 rules (the proposal is out) will impact your bank?

When was the last time you looked at your own fair lending program? Have you accounted for new risks examiners are looking for? From new focus on redlining, disparate impact rules, and small business lending, there is plenty to delve into and discuss. This program will help you to understand the extent of fair lending concepts and issues, as well as guidance and direction the regulatory agencies look to be going.

Listen to hear Carl Pry, Managing Director of Treliant, discuss the scope of fair lending rules, prohibited bases under the rules, advertising concerns, and more!