Redlining continues to be a hot topic in bank supervision and enforcement. The CFPB’s fair lending priorities for 2017 include redlining. Banking regulators are focusing on Reasonably Expected Market Areas (REMAs) in addition to Community Reinvestment Act (CRA) assessment areas in evaluating lending performance. The Department of Justice ended 2016 and began 2017 with redlining enforcement actions against three banks. How can you assess your risk and protect your institution from charges of redlining?
In this Lending Compliance Training, learn more about recent examination and enforcement trends. Explore monitoring and analytic techniques. Understand the difference between an assessment area and a REMA. Understand what you can do in your bank to evaluate and mitigate your redlining risk. Get your questions answered!
This loan webinar will cover:
If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.