Banker's Compliance Consulting Blog

Fair Lending: What is Redlining?

Written by Jerod Moyer | Jun 27, 2022 5:56:20 PM

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!