|
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:
|
