Join us for this new program led by Patti Joyner for the opportunity to focus in on:

Fair Lending

1. Continued Focus on Redlining: Geographic Lending Patterns
   1. Enforcement Actions Insights
2. Equal Credit Opportunity Act (ECOA)
   1. Applicability – Applicants vs. Pre-Applicant
   2. Prohibited Bases of Discrimination
   3. Focus on Adverse Action Notices
3. Housing Agencies’ Fair Lending Oversight
   1. AB 2023-05: Enterprise Fair Lending and Fair Housing Rating System
4. Appraisal Bias and Reconsiderations of Value (ROV)
5. Appraisal Discrimination: Application of the Fair Housing Act and Risk Mitigation
6. Fair Lending and Consumer Risks in Artificial Intelligence (AI) and Machine Learning (ML)
   1. Interagency Guidance
   2. Lessons from Lawsuits

Community Reinvestment Act (CRA) Modernization

1. CRA Examination Categories
   1. Large Banks (assets $2 billion or more in assets)
      1. Retail Lending Test,
      2. Retail Services and Products Test,
      3. Community Development Financing Test, and
      4. Community Development Services Test.
   2. Intermediate Banks (assets of at least $600 million and less than $2 billion) will be evaluated under the
      1. New Retail Lending Test and
      2. Either the current Intermediate Bank Community Development Test, or, optionally, the new Community Development Financing Test.
   3. Small Banks (assets of less than $600 million)
      1. Current Small Bank Lending Test or, optionally, the new Retail Lending Test.
   4. Limited Purpose Banks (including wholesale banks)
      1. A modified Community Development Financing Test for Limited Purpose Banks
   5. Banks of all sizes can still request an evaluation under an approved Strategic Plan.
2. Geographic Assessment Focus
   1. Facilities-Based Assessment Area
   2. Retail Lending Assessment Areas
   3. Outside Retail Lending Area
3. CRA Examination Tests
   1. Retail Lending Test
   2. Retail Services and Products Test
   3. Community Development Financing Test
   4. Community Development Services Test
4. Performance Test and Overall Performance Ratings
5. Impact of discriminatory or illegal credit practices
6. Eleven Community Development Categories
7. Data Collection and Reporting