Redlining: A Bank and Non-Bank Lender or Broker Compliance Course

This 34-minute course is designed to equip mortgage loan originators (MLOs) with a thorough understanding of redlining and its serious legal and regulatory implications. Participants will learn how to recognize and prevent discriminatory lending practices, align their actions with compliance management plans, and ensure adherence to fair lending laws. By completing this course, MLOs will be able to demonstrate their commitment to preventing redlining, safeguarding their organization from audit risks, and fostering fair access to credit for all consumers.

The course covers the following topics:

• What is Redlining;
• How History Shaped the current environment;
• What Laws Govern Redlining;
• Identifying a pattern or practice of discrimination;
• Types of Discrimination in lending;
• Does Redlining really apply to Non-Bank Entities;
• REMA (Reasonably Expected Market AREA) and MSA (Metropolitan Statistical Area);
• Self-Testing;
• The importance of cultural shift;
• The importance of community outreach in under-served areas;
• Leverage;