Everyone deserves equal access to credit without discrimination. Do you know how to perform a periodic risk assessment to identify potential fair lending risks? Discover how to develop an audit plan to analyze lending data to determine compliance with fair lending anti-discrimination provisions. Awareness, monitoring, and audits can lessen the possibility of adverse issues arising at your institution. This program will dive into recently identified fair lending concerns and explain the types of lending discrimination to ensure your team is able to identify and prevent potential issues. It will include a section on redlining, appraisal discrimination, use of artificial intelligence, reconsideration of value, and disability discrimination – all of which are critical areas to include in the scope of a fair lending audit. Participants will receive checklists and tools to assist in conducting a fair lending audit. If you are making and servicing loans, performing a fair lending risk assessment and conducting an audit are best practices to ensure borrowers are treated fairly and your institution is complying.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Prepare a fair lending risk assessment
- Describe redlining actions that resulted in enforcement action
- Conduct a fair lending audit
- Explain possible areas of discrimination when using artificial intelligence
- Identify areas to monitor for disability discrimination
- Self-identify potential discrimination concerns related to lending policies and procedures
TAKE-AWAY TOOLKIT
- Fair lending references
- Sample audit request list
- Sample fair lending risk assessment
- Sample fair lending policy
- Examples of fair lending violations
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
WHO SHOULD ATTEND?
This informative session is designed for those responsible for reviewing and assessing fair lending risks, including auditors, risk officers, compliance officers, and loan managers responsible for lending program oversight.
NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.
MEET THE PRESENTER
Molly Stull, Brode Consulting Services, Inc.
Molly Stull began her career as a teller while working on her undergraduate degree and has continued working in the financial industry ever since. She has experienced the growth of a hometown bank, branch mergers, charter changes, name changes, etc. Molly has activated business resumption plans, performed secondary market quality control reviews, processed wires, filed SARs, and coordinated reviews with external auditors and examiners. Her favorite role has always been educating staff and strongly believes that if staff understands the reason for a process, they will be more compelled to follow the procedures. Molly holds a bachelor’s from the University of Akron and an MBA from Ashland University.
THREE REGISTRATION OPTIONS – WHAT YOU GET
1. LIVE WEBINAR 2. ON-DEMAND WEBINAR 3. BUNDLE & SAVE
- Unlimited live connections with shareable access within your institution
- Available to view on desktop, mobile & tablet devices
- Take-away toolkit
- Live Q&A session & the presenter's contact info for follow-up questions
- Access the webinar training from your User Portal
- Unlimited and shareable access to the recording within your institution, starting two business days after the live date
- Available to view 24/7 on desktop, mobile & tablet devices
- Take-away toolkit
- Ability to download the webinar video and toolkit items
- Presenter's contact info for follow-up questions
- Access the webinar training from your User Portal
- Save when you Bundle the Live + On-Demand Webinar Registration
- Includes all the items listed above
- Full registration descriptions can be found here
