Fair Lending: What is Redlining?

If you’ve ever been in discussions or training regarding fair lending you might hear the term “redlining” thrown around from time to time. In October 2021, the Department of Justice announced a new initiative to combat redlining on the same day the OCC and CFPB reached an agreement to resolve redlining allegations against a bank in Memphis, Tennessee. So, what exactly is redlining and why is it a fair lending issue?

Jerod explains more in the video.

 

Ready to learn more? JOIN US on July 28, 2022, for our webinar, “Fair Lending – Just for Lenders”. Featured topics include:

  • Lender Discretion
  • Pricing / Underwriting Exceptions & Expectations
  • Common Lender Hot Spots
  • Documentation Do’s & Don’ts
  • Types of Discrimination
  • Audit & Exam Expectations
  • Best Practices
  • Your Questions & Plain English Answers!

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Jerod Moyer

Jerod Moyer

Jerod is the leader of Banker’s Compliance Consulting’s training productions. He is a nationally recognized speaker. Whether it’s a conference, seminar, school, webinar or luncheon, it’s easy to stay engaged when he presents due to the amount of passion and energy he brings to each and every compliance topic. Jerod has spoken on behalf of the American Bankers’ Association, BankersOnline, many state banking associations, private compliance groups and financial institutions. He is a Certified Regulatory Compliance Manager (CRCM) and BankersOnline Guru. Jerod likes to spend his time (between reading regulations and producing compliance training!) relaxing at the lake with his wife and three children, following their activities or engaged in something sports-related!

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