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• grasp the legal foundation for fair lending obligations; Fair lending risk analysis & reporting. Preiss&associates' fair lending risk assessment has three parts: Fair lending risk assessmentspresented by: 21 21 fair lending risk assessments questions?
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It is recommended that institutions customize the checklist to fit their operations.
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The checklist is intended to assist mortgage lenders and servicers in conducting internal fair lending compliance risk assessment. Fair lending is about more than just hmda! Completing a fair lending risk assessment is a challenging task as there are many things to consider in a financial institution that relate to the risk of discrimination. Get a fair lending risk assessment performed on focal points that appear potentially problematic from a credit or pricing decision, or other perspectives. Affirmx's fair lending risk assessment (flra) is your answer. Sample fair lending section of request letter appendix j: Making the most of your fi's secret weapon. • understand the source of fair lending risk in the bank's business operations;
The checklist is intended to assist mortgage lenders and servicers in conducting internal fair lending compliance risk assessment.
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