In the midst of so many changes and the compliance pendulum swinging to the other extreme, fair lending monitoring and aggregate market analysis  is more important than ever.  Learn how and why and what needs to be monitored while the fair lending boat is being rocked so that the ship remains afloat.

• Lessons from recent Enforcement Actions
• The importance of correctly documenting and reporting dates and final action taken
• The impact of CRA data , HMDA data, Marketing Strategies, Vendor Oversight on Fair Lending and related monitoring
• Understanding “redlining” and how to avoid it
• What should be monitored? What is “monitoring”?  Why “monitor”?
• How will the monitoring results and information be used?
• How often should monitoring occur?
• Should monitoring be done internally or externally?
• What is a side-by-side analysis?  Is this a type of monitoring?  What is compared in a side-by-side analysis?  How is it determined what to compare?
• Learn how to:
  • Perform comparative Peer Analysis
  • Slice and dice lending and HMDA data
  • Use action items identified during monitoring
  • Explain why data looks like it does and what to do
• What is to be monitored? Origination Data, Application Date, Denial/Withdrawal/Incomplete/Incomplete/Approved Not Accepted Data
• Who will see the results?
• Is a side-by-side analysis needed/recommended?
• Should the monitoring be done internally or externally?
• The importance of a Fair Lending Risk Assessment

Presenters: Jennifer Cliber Smith, Megan Desso, and Alison Tower, Vice President, Compliance & CRA Officer for Hometown Financial Group

WHO SHOULD ATTEND: Compliance Officers, Operations Staff, Lending Staff, CRA, HMDA, Marketing  Staff, including executives, managers, and analysts from financial institutions, Third Party Relationship Management staff