Fair Lending and Servicing
June 14, 2010
Panelist: Andrew. L Sandler
Topic: Fair Lending and Servicing
American Bankers Association’s Regulatory Compliance Conference
Conference Dates: June 13 – 16, 2010
Manchester Grand Hyatt
San Diego, CA
Andrew L. Sandler will be a panelist with Calvin Hagins from the OCC and Carl Pry from KeyBank addressing Fair Lending and Servicing. The session will be held on two days, June 14th from 2:30 – 3:45 pm and on June 15th from 1:30 – 2:45 pm.
The fair lending laws apply to loan servicing. As with any other type of lending activity, loan modifications should be subject to the same level of documentation and fair lending analysis as your lending activities. Examiners are increasingly focusing their fair lending exams on servicing issues. This session will present up-to-date information on how to address compliance issues in your servicing portfolio.
The session will include:
- Guidance from regulators on examiner expectations
- Best practices for improving your procedures, controls and monitoring;
- Recent enforcement actions;
- Other compliance issues (e.g. adverse action notices, TILA, HMDA).
