Article Details

How Will Fair Banking Fare? - Lynn Woosley and Brenda Baylor

March 19, 2018
Banking Exchange
Lynn Woosley and Brenda Baylor

The New Year rang in with new questions for the financial services industry. Many wonder if leadership changes at the federal banking agencies will change their focus. What will happen to rulemaking initiatives, such as the new Home Mortgage Disclosure Act (HMDA) rule and small business data collection? Expect 2018 to provide some new twists and turns on the path to fair-lending compliance.

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Lynn Woosley
Lynn Woosley is an Engagement Director with Treliant Risk Advisors, LLC.  She is a seasoned executive with extensive risk management experience in regulatory compliance, consumer and commercial credit risk, credit and compliance risk modeling, model governance, regulatory change management, acquisition due diligence, and operational risk in both financial services and regulatory environments.
Brenda Baylor
Brenda Baylor, a Director with Treliant, is a Certified Regulatory Compliance Manager (CRCM) with 22 years of experience in regulatory compliance, risk management, and banking. Her specialties include fair lending laws and regulations; the Community Reinvestment Act (CRA); Home Mortgage Disclosure Act (HMDA); and Unfair, Deceptive, or Abusive Acts or Practices (UDAAP).