Compliance with Fair Lending is not just a good suggestion, it’s the law! In fact, Fair Lending consists of several different laws and is an integral part of any company training program. Banks, Lenders and anyone who offers credit to consumers are responsible for effectively training their staff and will be tested throughout any compliance review on whether or not they have an effective strategy and training program for all employees involved with any aspect of retail lending which may include customer service, origination, processing, underwriting and compliance.
This 30-minute Fair Lending Compliance Course is a great start to protecting your organization from compliance nightmares relating to Fair Lending Violations based on improper training of staff. This course is setup to provide learners with an understanding of Fair Lending laws and regulations that influence the treatment of customers. This course covers the following topics: