Fair Lending Seminar OnDemand with Live Streaming

Attend the Fair Lending Seminar from the convenience of your own office or home via Live Streaming Video as it happens on Monday, July 19th (9:00 am – 4:00 pm Central Time), or at your own convenience with 6 months of OnDemand playback.

Fair lending is essentially THE hot topic in 2021. The new administration and leadership have been outspoken in their new priorities and goals. This means new requirements and increased enforcement to monitor. Are you keeping up with all the changes that will impact your institution? It is more critical now than ever to ensure your fair lending program covers all the bases. There are new ways of looking at lending patterns, activities, and risks, and new expectations from the agencies.

This full-day streaming event will encompass an in-depth examination of fair lending principles, expectations, and techniques. We’ll explore what’s new in the area of fair lending, to new interpretations of protected classes, to future potential legislation. We’ll also cover aspects of formulating and maintaining an effective fair lending risk assessment, a critical component of an institution’s fair lending compliance program. We’ll also explore the many risks and hot spots to monitor for fair lending, and discuss how to best comply with the new requirements and expectations. We’ll ensure you’re ready for your next fair lending compliance examination so you can put your best foot forward.

The "Fair Lending Seminar OnDemand with Live Streaming" has been approved for 6.75 CRCM credits. This statement is not an endorsement of this program or its sponsor. Credits are redeemable for Live attendance only. Certification holders must report these credits at https://aba.csod.com.

Covered Topics

  • Fair lending legal and regulatory structure – where these requirements come from
  • Expansion of fair lending priorities and expectations – from Congress as well as the regulatory agencies
  • Prohibited bases under the rules (what you can do, as well), including changes in definitions – including examples and scenarios
  • Fair lending throughout the lending process – from A to Z
  • Marketing considerations – putting your best foot forward
  • Evaluating applications and underwriting – what you can and cannot consider
  • Government monitoring information – when to get it and how to handle it, including the new URLA/1003 application form
  • Fair lending litigation trends and lessons, including re-emphasis of disparate impact (including a return to how disparate impact is considered)
  • 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
  • Fair lending and appraisals
  • REMA/Marketing Area/Service Area – what is this? What should we do to be ready for our next exam?
  • Dealing with small business loans
  • Treatment of income and other underwriting issues
  • Fair lending issues in the servicing environment, especially debt collection, default management, and foreclosures
  • Proxies and the BISG method – should we do this?
  • Foreign language and LEP issues – what are the rules?
  • The future of DFA 1071 – when will we see rules (hint: soon)?
  • CRA as a fair lending tool
  • Developing an effective and comprehensive fair lending CMS
  • “Convergence” with UDAP/UDAAP – what should we do?
  • Consequences for violating the rules - not just fines
  • And more


Training Day Agenda (Subject to change)

9:00 am - 10:30 am CT (Followed by a 15 minute break and Q&A)

10:45 am - 12:00 pm CT (Followed by a 60 minute lunch break and Q&A)

1:00 pm - 2:30 pm CT (Followed by a 15 minute break and Q&A) 

2:45 pm - 4:00 pm CT (Followed by Q&A and session wrap up)

Who Should Attend?

Anyone in the institution having virtually any responsibility in the lending process has fair lending responsibilities, from senior management, loan officers, underwriters, and closing agents, to compliance officers, auditors, and attorneys, and would benefit from this valuable information.