Jun 15, 2022
One of the best ways to ensure you remain compliant in an area is to look at a regulation and determine how it applies to you. To do this, you compare regulator expectations to the practices in your organization. This presentation will certainly cover the regulations, but the primary focus will be on actual fair lending and redlining issues, and the focus will be on a very extensive case study.
The goal of this seminar is to provide you with the essentials of Fair Lending and Redlining analysis. We will focus specifically on the things that matter most to your organization and discuss ways to ensure compliance and mitigate risk.
We will begin with an overview of examiner expectations on Fair Lending. Next, we will review the requirements of Regulation B (Equal Credit Opportunity Act) that apply to Fair Lending; as well as the applicable portions of the Fair Housing Act (FHA). The afternoon will focus on analyzing fair lending and redlining for a fictitious bank. The case study will give you data on the geographic area and the fictional bank, and help you analyze some the data. Although the bank will be fictitious, we will focus on Trumbull County, Ohio (where the presenter lives), so that we are using “real life” census tract and demographic data.
Agenda
8:45 - 9:00 a.m. Registration & Continental Breakfast
9:00 - Noon Program
Noon -1:00 p.m. Lunch
1:00 - 4:00 p.m. Program
Fair Lending and redlining - AM
Case Study– PM
Bill Elliott has more than 40 years of banking experience. As a senior consultant and Director of Compliance Education at Young & Associates, Bill works on a variety of compliance-related issues, including leading compliance seminars, conducting compliance reviews for all areas of compliance, conducting in-house training, and writing compliance articles and training materials. During his career, Bill spent 15 years as a compliance officer and CRA officer in a large community bank, and also worked for a large regional bank. He has been a lender for consumer, commercial, and mortgage loans, and has managed a variety of bank departments, including loan review, consumer/commercial loan processing, mortgage loan processing, loan administration, credit administration, collections, and commercial loan workout.
Participation in IBA programs is limited to members, associate members, and nonmembers from an eligible membership category at applicable member or non-member rates. Surcharge of 100% for Non-Members.
This course will be held on Wednesday, June 15, 2022 at the IBA Center for Professional Development, 8425 Woodfield Crossing, Suite 155E, Indianapolis, IN 46240 in person. Directions, a map & list of local hotels are available by calling the IBA office at 317-387-9380.
For more information please contact Elizabeth DeHaven via e-mail at babney@indiana.bank or call 317-387-9380.
Within three or more business days prior to the day of an educational program, no cancellation charge will be assessed. Within two days prior, 50% of the fee is assessed. Refunds are not provided for cancellations or absences on the day of the program. Substitutions are welcome at anytime.