Fair Lending Compliance Consultanting

Compliance Officers: Earning a Seat at the CEO’s Table

At the most recent ABA Compliance Conference one session focused on how compliance officers get invited to the table with other key management. When asked this question, the CEO of Ally Bank looked at the audience of compliance officers and said “You earn it.” Few people in a financial institution are as well-positioned to “earn […]

Auto Lending

Auto Lending: A New Fair Lending Hot Topic

In the current edition of the ABA Banking Journal Rich Riese, the Senior Vice President at the ABA Center for Regulatory Compliance, gave his view of the outlook for fair lending in 2013.  He said “bankers can expect to see the aggressive pursuit of fair lending to continue – and grow in scope.”  According to […]

FDIC Fair Lending Hot Topics Teleconference 12/18/12

  FDIC Fair Lending Topics Teleconference Earlier this week the FDIC held one of their Banker Teleconference Series on Fair Lending Topics.  The teleconference was broken into four sections:  an overview of the fair lending exam process, criteria interviews and statistical analysis, third party providers and fair lending risk and best practices.  You can find […]