Examiners are focusing on fair lending, discrimination, and Regulation B
during heightened audits of adverse action notices. All three perspectives will
be addressed, including technical requirements, completion issues, fair lending
implications, and examiner hot spots in adverse action compliance. Join us to
learn how to conduct a comparative file review of your adverse action notices to
ensure no fair lending problems exist. Participants will receive a tool for the
second review of adverse action notices for both fair lending and Reg B
compliance standards, plus a cheat sheet to ensure lending staff use the proper
denial reasons under different scenarios.
- Inquiry versus
- When an inquiry becomes an application
and documentation of when you actually have an application is key
- Requirements for incomplete or withdrawn applications
- Common errors in completing adverse action notices
Second reviews of adverse action notices for fair lending purposes
Comparative file review for fair lending on denials
Ann Brode-Harner, Brode Consulting Services, Inc.
Live and recorded webinar, handouts, quiz with answer key and training log are included.