Hot topics in Fair Lending

Duration 60 Mins
Level Basic & Intermediate & Advanced
Webinar ID IQW19D0445

Areas Covered in the Webinar:

  • Previous hot topics and updates
  • Current hot topics
  • Determining if your institution will be affected
  • How can institutions address areas of concern
  • Preparing for the future

Overview of the webinar

Fair lending is the practice outlined in the Fair Housing Act of 1968. It prohibits lenders from discriminating against borrowers on the basis of race, color, national origin, religion, sex, familial status, or physical handicap. Understanding what the current financial environment is facing in regards to Fair Lending is critical for a financial institution to have a successful compliance program. Fair Lending is one of the basic regulatory compliance elements that all financial institutions are required to adhere to. This webinar will offer insight into ensuring your institution is compliant with Fair Lending requirements and how to build a successful program. 

Who should attend?

  • Compliance Officers
  • Fair Lending Personnel
  • Compliance Auditors

Why should you attend?

 The increased scrutiny of examiners and regulators regarding Fair Lending requires financial institutions to increase their oversight efforts. Non-compliance with Fair Lending requirements increases risk exposure of financial institutions failing to protect consumers. As a result, financial institutions can experience negative implications affecting them both reputationally and financially. Fair Lending has undergone some recent enhancements, and it’s now more important than ever those financial institutions ensure they are implementing the appropriate tools to ensure they are compliant with Fair Lending rules and regulations. Learning Objectives are:

  • Define what fair lending hot topics are
  • Identify operations and activities that have Fair lending implications
  • Tips and suggestions for an effective Fair lending program
  • How to effectively audit Fair lending activities
  • Maintaining Fair lending compliance

Faculty - Dr.Gina J. Lowdermilk

Dr. Gina J. Lowdermilk, Ph.D. (ABD), CAMS, CRMS is a highly experienced and educated BSA/AML and financial regulatory compliance professional with extensive experience in policy and procedure development and implementation, training, internal audit, monitoring, risk management and reporting. Her emphasis has been working with financial institutions that are experiencing regulatory concerns and resolutions, including enforcement actions such as memorandums of understanding and cease and desist orders. Her 15 years of experience has given her the opportunity to work from small community banks to large, international financial institutions. Her roles not only included BSA/AML and compliance, but also operations, lending services, business development, marketing, management, department development, and asset quality.

Dr. Lowdermilk has worked with almost all financial regulators and examiners. She possesses advanced Microsoft Excel, PowerPoint, Word, Internet Explorer, Visio, and Access skills. She also has experience with FiServ, BAM, CRA Wiz, TeamMate, COGNOS and Metavante banking software. She has been responsible for creating both recurring and ad hoc executive management and board presentations. In addition to her above experience, she is also an adjunct instructor for the business and construction management programs at a local college, as well as writes numerous BSA/AML and compliance articles, training materials, and manuals for numerous clients.

 

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