Now more than ever it is important to take a good look at your Fair Lending compliance program. This presentation provides a discussion of federal fair lending laws and regulations, including the Equal Credit Opportunity Act (ECOA), which prohibits discrimination in any aspect of a credit transaction, the Fair Housing Act (FH Act), which prohibits discrimination in all aspects of “residential real-estate related transactions”, and the Home Mortgage Disclosure Act (HMDA), which requires financial institutions to compile and disclose data about home purchase loans, home improvement loans, and refinancings that it originates or purchases, or for which it receives applications.

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