Fair Lending - Build A Better Program

Does Your Fair Lending Program Comply With Current Rules? FDIC Leadership Changes May Bring More Scrutiny. On February 5, Martin Gruenberg became acting chairperson of the FDIC. He stated that fair lending will be a high priority under his leadership. You need to update your fair lending program quickly to comply with current regulations and ensure that your institution does not discriminate against any borrowers. Financial institutions of all sizes, including those that have not changed their lending products in ten years, need fair lending programs. You are obligated to have policies, monitoring, and data analysis that target protected classes. Fair lending expert Rheanna Rodriguez will walk you through necessary policies and best practices. You will learn how to conduct a fair lending review of your institution’s lending programs using the FDIC fair lending scoping and conclusions memo.