01/24/2013

Best Practices for Complying with Fair Lending Laws

Executive Summary* The fair lending laws are a set of statutory and regulatory requirements designed to protect members of the population who historically have not had fair and equal access to credit. Federal regulators have recently increased their investigations of financial institutions for possible fair lending abuses.  The consequences of violating the fair lending laws can be dire, making it critically important for the boards of financial institutions to understand the laws and take steps to ensure compliance. *This article has been updated from an earlier version. The topic of fair lending has become a significant priority for the federal banking…

You have accessed a resource that is only available to our Bank Services members.

From how-to articles, director training videos, key interviews with industry leaders and more, Bank Services provides bank executives and directors with the tools to help grow their financial institutions. To sign up for exclusive access to this online bank board resource, please contact Bank Services at 615-777-8461 or [email protected].

Read The Article

Please enter your username and password below. If you have established a password please click ‘forgot your password’

Harry Wu

Jeremy Hochberg