Laws and regulations are designed to protect consumers by prohibiting unfair and discriminating practices, especially those related to race, ethnicity, gender, and marital status. However, with so many different regulations and guidelines, some aspects could get lost in the shuffle.
To help get a better understanding of the Fair Lending Act rules and regulations, Melissa Bridges, an attorney at Bodman PLC conducted a webinar titled "Fair Lending in 2016" with topics that included:
- How you are having applicants apply
- How to adhere to the Fair Lending Regulations, specifically Regulations B and Z
- How new HMDA rules may affect the Fair Lending Act