How Benchmarking Data Will Enhance Your HMDA Reporting
Benchmarking data can improve understanding of your loan data and HMDA reporting. Do you know how your HMDA data compares?
CFPB Announces 3 New HMDA Exemption Threshold & Reminder on MSAs
The CFPB released the revised asset-size exemption threshold for depository institutions under Regulation C (which implements HMDA) for 2014.
3 Fair Lending Settlements Provide 5 Industry Reminders
The compliance regulators telegraph five fair lending tips through recent DOJ settlements. How does your institution's compliance program stack up?
3 Steps to a Proficient Risk Assessment
A compliance risk assessment helps focus the financial institution on the most important areas of risk. The common three steps are outlined.
4.5 Fair Lending Trip Wires for Auto Financing
Auto lending is the third largest credit market in the US. Review the Fair Lending Trip Wires and how to assess your institution's risk.
3 Fair Lending Exams Defined - Which is Your Flavor?
The CFPB quietly published its baseline review modules for Fair Lending. Which flavor exam will you receive from your regulator?
60 Days Before 2012 HMDA Data is Public – 5 Data Points to Prepare!
HMDA data is made public every September. Review 5 simple data points to assess your Fair Lending Risk.
7 Levels of Fair Lending Training Success - How Do You Compare?
Compare your existing fair lending training program to the industry's best practices. Use the self-assessment tool to compare your current standing.
5 Settlements, 1 Lesson on Fair Lending Risk and Maternity Leave
This is the one lesson you need to know about maternity leave-related Fair Lending complex, as illustrated by five recent settlements.
CFPB Declares Data-Centric Future with New Strategy. Are You Ready?
CFPB is quickly moving into a data-centric world as evidenced by their strategic plan. Is your compliance management program ready?
4 Fair Lending Best Practices - Proactively Address Risk
The four fair lending best practices outlined by the NCUA: Written Policies; Regular Risk Assessments; Consistent Monitoring; Stay Current.
CFPB Provides Warning on Indirect Lending - You Have Been Deputized!
CFPB provides financial institutions warning and guidance in regards to indirect lending. Is it fair to deputize banks to manage fair lending?
4 Classes of Problems - CFPB Focuses on Discrimination & Fair Lending
CFPB looks forward, uses disparate impact theory to fight discrimination and enforce fair lending.
Recent Fair Lending Settlement and Community Banks: 3 Conclusions
Texas Champion Bank settles Fair Lending complaint regarding consumer lending to Hispanics.
Compliance Alert: HUD Creates Standard on Discriminatory Effect
HUD formalizes national standard for using disparate impact rule to determine if discriminatory behavior exists in fair lending reviews.
7 New Rules from the CFPB - Are You Ready? (2 of 3)
An overview of the new Mortgage Servicing Rule and Appraisals for Higher-Priced Mortgage Loans (HPMLs) from the CFPB.
7 New Rules from the CFPB - Are You Ready? (1 of 3)
7 new mortgage lending rule additions/changes from the CFPB that compliance officers and bank leadership must understand.
New Ability-to-Pay Rule + Fair Lending = Rock and Hard Place?
An overview of the new Ability-to-Pay rule and the key eight points lenders can employ.
The 5 Most Popular Compliance Articles from 2012
The top 5 fair lending takeaways from TRUPOINT Partners' most popular articles in 2012.
7 Reg B Violations: Compare Your Fair Lending Compliance Program
The 7 most common Reg B (Fair Lending) violations as reported by the regulators. How does your program compare?
CFPB and DOJ Collaborate on Fair Lending: 3 Key Areas Defined
CFPB publishes first annual Report on Fair Lending and establishes fair lending collaboration framework with DOJ. Assess your fair lending program.
CFPB Provides Fair Lending Road Map with 8 Success Elements
The CFPB's first Supervisory Highlights provides great insights regarding how to succeed with Fair Lending compliance.
The Keys to Balancing Safety & Soundness with Fair Lending Compliance
Fair Lending regulatory compliance and Safety & Soundness can co-exist with the right policies, procedures and compliance management program.
$2m Fair Lending Bias Settlement - Loan Policies & Disparate Impact
Fair Lending continues to garner regulatory attention as evidenced by the Luther Burbank Savings settlement with the Justice Department.
2011 HMDA Data Ready for Release - Are You Ready to Act in 3 Days?
Imminent release of 2011 HMDA data by FFIEC requires action by bankers.
$3.5m Bias Settlement - Highlights Fair Lending Monitoring Risk
$3.5m Fair Lending settlement highlights required elements of a Fair Lending Compliance Management Program.
6 Keys to CRA Community Development Success Told With BBQ Sauce
Managing CRA and Community Development is like Carolina BBQ sauce; we'll define 6 key best practices for success.
$175m Fair Lending Settlement - Highlights 5 Risks Banks Must Manage
Wells Fargo will pay at least $175m to settle fair lending accusations that the company discriminated against borrowers.
2010 Census Impacts CRA and Fair Lending Approach
FFIEC will release the updated 2010 census data on June 29th. CRA and Fair Lending exams are immediately impacted.
The $21m Fair Lending Price Tag for Loan Officer Discretion
When you have a combination of loan officer discretion AND disparities, you have the ingredients for in-depth regulator Fair Lending review.