Catherine Brown and Lyn Farrell to Speak at Illinois Bankers Association 2011 Bank Counsel Conference: “Fair Lending- New Risks, New Strategies”
Date: December 9, 2011
Time: 2:30 PM – 3:30 PM
Location: The Westin Chicago River North
Topic: Fair Lending – New Risks, New Strategies
Price discrimination, improper steering, “reverse” redlining. The rules of fair lending are changing fast . . . and often are written in invisible ink! Bank regulators and the DOJ are expanding fair lending enforcement into credit cards, auto loans, and even loan modifications, while for the first time judging the “secondary impact” of lending policies on minority neighborhoods. And HUD is funding community groups to monitor local lenders and lodge complaints! This heightened scrutiny of fair lending will soon have your bank clients scrambling! Learn the trends and hear practical strategies to help them manage these emerging risks.
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