Fair Lending

AIB FAIR LENDING

Course Description: 
This course introduces students to the practices and principles of fair lending, and demonstrates how to avoid discriminatory and unfair lending practices when interacting with clients.  Students will learn about the relationship between unfair treatment and illegal discrimination, as well as the essential points of the five federal fair-lending laws and the Joint Policy Statement on Discrimination in Lending.  Throughout the course, students will have opportunities to practice standard client interaction scenarios that help ensure compliance with fair-lending laws.

Audience:  Bank personnel who have customer contact, and deal with consumer and real estate credit transactions including sales, processing, underwriting and compliance personnel. Anyone wishing to update or refresh themselves on fair lending laws.

Learning Objectives:  After completing this course, students will be able to:

  • Describe the relationship between unfair treatment and illegal discrimination.

  • Explain the purpose of the five federal laws related to fair lending.

  • Identify the three types of illegal discrimination.

  • Identify the best practices to ensure compliance with fair-lending laws.

Course Credits:  AIB:  0.25;  ICB:  5.0 CRCM or CFSSP;  CEU: 0.5

Delivery Methods:  This course is available in the following format:

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