ECOA & Fair Housing
Fair Lending hasn’t been the hottest compliance topic lately, but that doesn’t mean it’s not important. Violation of fair lending laws is huge compliance and reputation risk. Come learn what your credit union needs to do to stay in compliance. Topics in this class include:
- Types of prohibited discrimination
- Rules for obtaining and evaluating loan applicant information
- Signature requirements
- Required notifications
- Appraisal rules
This training is ideal for compliance officers, consumer and commercial loan officers, and underwriters.
Handouts
- Adverse actions reasons chart
- Application workflow chart
- ECOA Outline
- ECOA Slides
- Notice of Incompleteness
- Whose Siganture Are You Requiring
Category: Compliance
Labels: Compliance, Compliance Guru, ECOA, Fair Lending, Heather Line, regulation b
