Skip to content
GeoDataVision
Thread Options
#2248027 - 01/22/21 06:15 PM Fair Lending Reviews
Care4RCommunity Offline
100 Club
Care4RCommunity
Joined: Apr 2012
Posts: 102
NJ
Does anyone have a form they use to conduct fair lending reviews? I know that most do not, but thought I would put it out there.

Return to Top
Fair Lending
#2248028 - 01/22/21 06:38 PM Re: Fair Lending Reviews Care4RCommunity
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 79,618
Galveston, TX
Considering you have to start with a risk assessment and then move to what you decide to test, I am not sure how someone else's form would do you any good, even if someone had one.
_________________________
The opinions expressed here should not be construed to be those of my employer: PPDocs.com

Return to Top
#2248036 - 01/22/21 07:10 PM Re: Fair Lending Reviews Care4RCommunity
Care4RCommunity Offline
100 Club
Care4RCommunity
Joined: Apr 2012
Posts: 102
NJ
I was actually looking for a summary of what should be reviewed to ensure that I have everything. Number of days to decision, Intent to proceed, Notice of appraisal, adverse action - things like that. I have procedures for my actual tests. This was just an overview. I've spent most of my career with CRA and fair lending regs at a high level. This is the first position where I am digging into the nuts and bolts of fair lending.

Return to Top
#2248041 - 01/22/21 07:59 PM Re: Fair Lending Reviews Care4RCommunity
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 79,618
Galveston, TX
That sounds like a loan file audit and not a fair lending review.
_________________________
The opinions expressed here should not be construed to be those of my employer: PPDocs.com

Return to Top
#2248044 - 01/22/21 08:16 PM Re: Fair Lending Reviews Care4RCommunity
Care4RCommunity Offline
100 Club
Care4RCommunity
Joined: Apr 2012
Posts: 102
NJ
I found the start of one - thanks

Return to Top