Fair Lending War Stories

What Can We Learn from the Mistakes or Good Practices of Others?
 
ABA Briefing/Webcast*

 

Fair Lending violations just don’t seem to go away. This makes it essential for compliance officers not only to have tools to assess fair lending risk and monitor their institutions’ lending programs, services and activities, but also to know what compliance policies, procedures and controls work to effect compliance with fair lending rules and regulations. During this recording of the two-hour briefing held on August 19, 2014, panelists address the question: what is the Fair Lending life style within your institution?

Fair lending rules have remained consistent and measures used to manage risk and compliance have been tested and proven to work. But, what is new and will continue to play out in regulatory exams are fair lending issues related to non-mortgage products and interactions with the borrower after loan origination. Panelists review recent enforcement actions, practices that successful institutions employ to stay out of the news, and what interactions you should have with your regulatory examiners.

Program Date Recording Now Available
Per Recordiing Fees** $255 ABA Member/Service Member • $385 Non-Member
Registration Not applicable 
Audio Recording Order Online  (PDF)
Please note recordings are not eligible for CPE credits for CPAs.
 

Topics include:

  • Fair lending program coverage
  • Common fair lending factors to consider
  • Guidance and insight into policies or practices the regulatory agencies consider or expect
  • Sound and realistic practices you can employ to ensure compliance
    • Pricing and structure
    • Underwriting
    • After the loan is made
    • Third party relationships and due diligence
  • Discussions you should have with your regulatory examiners
  • On-going risk assessment practices
  • Fair lending culture as a part of overall compliance culture
  • Key takeaways.

Speakers:

  • Bruce W. Schultz, Senior Vice President, Mortgage, SpiritBank, Tulsa, OK
  • Carl Pry, Managing Director for Treliant Risk Advisors, Washington, DC
  • Kimberly G. Hebb,  Director for Compliance Policy, Office of the Comptroller of the Currency, Washington, DC
  • Maureen Yap, Special Counsel and Manager, Fair Lending Enforcement Section, Division of Consumer and Community Affairs, Federal Reserve Board, Washington, DC
  • Rick Freer, Senior Director, Examination and Compliance Programs, Center for Regulatory Compliance, American Bankers Association, Washington, DC (Moderator)

Who Should Attend?

  • Risk Managers and Auditors
  • Compliance Officers and Managers
  • Chief Lending Officers
  • Operating Managers
  • Senior Bank Managers
  • CRCMs, CPAs

Get the Credit You Deserve!

The Institute of Certified Bankers (ICB) is dedicated to promoting the highest standards of performance and ethics within the financial services industry. "Fair Lending War Stories"  recording has been approved for 2.5 CRCM continuing education credits.

 

*ABA's Briefings/Webcasts include reference materials and streaming audio over the Internet. Audio over the telephone can be provided as an alternative.  Avoid technical difficulties by running a short, simple test now. (All major operating systems including Windows 2000 or later, Mac OS 10.4 or later, Linux, Android, and iOS) are supported. Adobe Flash Player 11 or later (unless you are using a mobile device – instead, download the omNovia application from the App Store or Android Market); Broadband Internet connection (256 Kbps or more). No network blocks or filters that disable streaming media).

**Each registration fee entitles you to one connection where an unlimited number of listeners can participate.

Any transmission, retransmission or republishing of the audio or Web portions of any briefing/webcast is strictly prohibited.

 
 
    ​Questions? Please contact Linda Shepard / Cari Hearn for more information.