Discrimination can be obvious, subtle, or unintended. Charges of discrimination can come from any direction.

Risk comes in the form of penalties, regulatory enforcement actions, civil liability, or damage to a bank's reputation, to mention a few. The best defense against these threats and risks is developing and maintaining a sound, fair lending compliance management system.

Over the years, Fair Lending violations have led to consent decrees that include: significant civil monetary penalties, reimbursement to borrowers, and burdensome remedial action to prevent further violationsWhat You'll Learn:

• Basic fair lending concepts
  
• Laws and regulations
  
• Bases of discrimination
  
• Types of discrimination
  
• How to build and maintain a fair lending compliance management system, including policies and procedures
  
• How to conduct a fair lending risk assessment
  
• Evaluating inherent and residual risk
  
• For various loan products (commercial, real estate, consumer, etc.)
  
• For various aspects of the process (application, underwriting, pricing, advertising, collection)
  
• Rating risk
  
• How to mitigate fair lending risk
  
• Reviewing policies and procedures for fair lending problems and eliminating those concerns
  
• Training - Who, How, When, and What
  
• Monitoring/Auditing
  
• Exceptions
  
• HMDA data
  
• Pricing
  
• Marketing/Advertising