Fair Lending, CRA and FCRA Seminar OnDemand with Live Stream
Attend the Fair Lending, CRA and FCRA Seminar from the convenience of your own office or home via Live Streaming Video as it happens, or at your own convenience with 6 months of OnDemand playback. Fair Lending As long as you are in banking and making loans, fair lending issues are here to stay. Although cases of overt discrimination are few and far apart, disparate treatment or disparate impact can often happen inadvertently. Examiners are expecting you to conduct some degree of comparative file review in order to ascertain any possible fair lending issues or problems. And you certainly want to discover if such a problem exists well before any examiner does! Awareness, monitoring and a periodic comparative file review can lessen the possibility of adverse issues arising in your institution. We will walk you through the steps of a comparative file review and also provide tools to make it all easier for you, such as worksheets and a sample report format Community Reinvestment Act Receiving a strong, solid Satisfactory CRA rating is important to you, but it's also important to Senior Management and the Board. CRA exams are not a "walk in the park". So how do you ensure that you are doing enough to not only cover the technical requirements but to have a solid CRA program bank-wide? That’s the purpose of this session……no matter if you are a small bank, intermediate small bank or a large bank, we will cover the CRA exam handbook that they utilize. We will first cover the areas that are important to all-sized banks and then discuss those areas pertinent just to intermediate and large banks. We will also review best practices for documenting the efforts you have taken during the recent pandemic to ensure your bank receives credit for all you have done to assist your communities. Fair Credit Reporting Act Detailed review of your responsibilities under the FACT Act Furnisher Rules, including how to handle direct disputes. We will discuss key components to ensure your policies and procedures effectively support your program, including addressing the use of medical information when making credit or employment decisions and adverse action requirements. Tools to aid you in reviewing your program as well as ideas to help train your staff will be provided.