Skip to content

Are LPOs the answer?

Answered by: 

Will Loan Production Offices help in fair lending if we decide to close branches?

We may see more LPOs being established to fill gaps based on branch contractions. As it relates to fair lending, regulators have indicated that LPO locations may be relevant to redlining analyses in some circumstances. Unfortunately we have little guidance in this area and even less with respect to LPO influences on fair lending analysis or indirect product lines. A banks analysis of the area it serves and resulting loans is key.


Learn more about Andy Zavoina’s webinar

Fair Lending Should be on Your Radar Now

First published on 09/06/2020

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics