Fair Lending - Do Your Lenders Know the Requirements?


$295.00

Presented by Jack Holzknecht
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This CD ROM will be available after December 1, 2019.

WHAT?

Fair Lending never seems to fall out of fashion. While the rest of the industry is focusing on TRID, Flood Insurance and HMDA, the regulatory agencies, the Department of Justice and plaintiff attorneys are focused intently on the issue of fair lending. Large penalties and burdensome enforcement actions are the order of the day.

Occasionally evidence indicates the existence of hate-based discrimination. In most cases the evidences points to ignorance-based discrimination - the lenders truly did not understand they were violating the law; they thought they were protecting the interests of their employer. Understanding the bases of discrimination is the first step to avoiding fair lending violations.

Charges of discrimination can come from any direction. Discrimination can be obvious, subtle or unintended. Risk comes in the form of penalties, regulatory enforcement actions, civil liability, or damage to a bank'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 (CMS). The core of a Fair Lending CMS is a deep understanding of the basic rules regarding Fair Lending.

WHY?
This information packed webinar provides the refresher on the basic concepts of fair lending that examiners expect to see. It also explains recent fair lending problems, the corrective action required by the agencies, the penalties imposed on the bank, and steps your institution can take to avoid similar problems. Recent and pending developments that will have a significant impact on Fair Lending are explored.

PROGRAM CONTENT
Upon completion of this program, participants understand:


  • Basic fair lending concepts;
    • Laws and regulations;
    • Bases of discrimination;
    • Types of discrimination;
  • Recent Developments including:
    • Agency consent orders;
    • Familial Status Discrimination cases;
    • Native American Discrimination cases;
    • HUD Guidance on Limited English Proficiency
  • Pending Developments
    • Expansion of Regulation B to include data collection on loans to minority-owned businesses, women-owned businesses, and small businesses; and
    • HUD's Proposed Fair Lending Disparate Impact Rule.


About the Speaker: Jack Holzknecht is the CEO of Compliance Resource, LLC. He has been delivering the word on lending compliance for 42 years. In 37 years as a trainer over 130,000 bankers (and many examiners) have participated in Jack's live seminars and webinars. Jack's career began in 1976 as a federal bank examiner. He later headed the product and education divisions of a regional consulting company. There he developed loan and deposit form systems and software. He also developed and presented training programs to bankers in 43 states. Jack has been an instructor at compliance schools presented by a number of state bankers associations. As a contractor he developed and delivered compliance training for the FDIC for ten years. He is a Certified Regulatory Compliance Manager and a member of the National Speakers Association.

This program was recorded in its entirety in November 2019. The CD-ROM includes program slides, materials (if available) and follow-up Q & A document.

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  • Model: cd_fairlending1119
  • Manufactured by: Glia Group, Inc.


This product was added to our catalog on Monday 16 April, 2018.

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