{"product_id":"adverse-action-notices-avoiding-fair-lending-reg-b-and-fcra-landmines","title":"Adverse Action Notices: Avoiding Fair Lending, Reg B and FCRA Landmines","description":"\u003cp\u003e\u003cspan class=\"x_MsoNormal\"\u003eAdverse action notices may not be anyone’s favorite topic, but they \u003ci\u003eare\u003c\/i\u003e one of the most important messages a lender sends. They’re usually the only explanation a consumer receives about a credit denial, and the rules behind them are… extensive. Moreover, AANs are one of the most closely examined and frequently cited areas in bank examinations. \u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan class=\"x_MsoNormal\"\u003eThis webinar takes a clear, realistic, and practical look at adverse action notice requirements under Regulation B, the Fair Credit Reporting Act (FCRA), and fair lending principles. We’ll focus on how the rules apply in actual lending environments, clear up common “do we need a notice here?” questions, and explore how AANs support consistent, non-discriminatory lending.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan style=\"text-decoration: underline;\"\u003e\u003cstrong\u003e\u003cspan class=\"x_MsoNormal\"\u003eTopics\u003c\/span\u003e\u003cspan class=\"x_MsoNormal\"\u003e Covered\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan style=\"text-decoration: underline;\"\u003e\u003cspan class=\"x_MsoNormal\"\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c!-- [if !supportLists]--\u003e\u003cspan class=\"x_MsoNormal\"\u003eReg B notice requirements\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003c!-- [if !supportLists]--\u003e\u003cspan class=\"x_MsoNormal\"\u003eTiming rules and delivery expectations\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003c!-- [if !supportLists]--\u003e\u003cspan class=\"x_MsoNormal\"\u003eWhat “specific reasons for denial” really means (and what \u003ci\u003enot\u003c\/i\u003e to say)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003c!-- [if !supportLists]--\u003e\u003cspan class=\"x_MsoNormal\"\u003eUse of principal reasons and how they differ from credit score factors\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003c!-- [if !supportLists]--\u003e\u003cspan class=\"x_MsoNormal\"\u003eHow to handle joint applicants under Reg B\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003c!-- [if !supportLists]--\u003e\u003cspan class=\"x_MsoNormal\"\u003eWhat to do with “incomplete” applications\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eFCRA requirements\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003c!-- [if !supportLists]--\u003e\u003cspan class=\"x_MsoNormal\"\u003eWhat it means to “use” a consumer report\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003c!-- [if !supportLists]--\u003e\u003cspan class=\"x_MsoNormal\"\u003eRequired disclosures when a decision is based in whole or in part on that report\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003c!-- [if !supportLists]--\u003e\u003cspan class=\"x_MsoNormal\"\u003eCredit score disclosures and “key factor” explanations\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003c!-- [if !supportLists]--\u003e\u003cspan class=\"x_MsoNormal\"\u003eHow to handle joint applicants under the FCRA\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003c!-- [if !supportLists]--\u003e\u003cspan class=\"x_MsoNormal\"\u003eFair lending considerations\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003c!-- [if !supportLists]--\u003e\u003cspan class=\"x_MsoNormal\"\u003eWhy consistent adverse action reasons matter across similarly situated applicants\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003c!-- [if !supportLists]--\u003e\u003cspan class=\"x_MsoNormal\"\u003eHow vague or overly generic reasons create real fair lending concerns \u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003c!-- [if !supportLists]--\u003e\u003cspan class=\"x_MsoNormal\"\u003eThe role adverse action data plays in monitoring for disparate treatment\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003c!-- [if !supportLists]--\u003e\u003cspan class=\"x_MsoNormal\"\u003eWhy credit scoring, automated underwriting, AI algorithms, and vendor models must be understood and tested for consistency and equitable outcomes (i.e. crack open the Black Box)\u003c\/span\u003e\u003cu\u003e\u003cspan class=\"x_MsoNormal\"\u003e\u003c\/span\u003e\u003c\/u\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan style=\"text-decoration: underline;\"\u003e\u003cstrong\u003e\u003cspan class=\"x_MsoNormal\"\u003eWho Should Attend\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cspan style=\"text-decoration: underline;\"\u003e\u003c\/span\u003e\u003cspan class=\"x_MsoNormal\"\u003eCompliance staff\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\u003cspan class=\"x_MsoNormal\"\u003eRisk managers\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan class=\"x_MsoNormal\"\u003eLoan policy maners\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan class=\"x_MsoNormal\"\u003eLenders\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan class=\"x_MsoNormal\"\u003eLoan support staff\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan class=\"x_MsoNormal\"\u003eCredit underwriters\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan class=\"x_MsoNormal\"\u003eAuditors\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"BankersHub","offers":[{"title":"Default Title","offer_id":47474546311343,"sku":"LIC1103261","price":249.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0646\/2894\/9167\/files\/AdverseActionNotices.png?v=1789140232","url":"https:\/\/www.bankershub.com\/products\/adverse-action-notices-avoiding-fair-lending-reg-b-and-fcra-landmines","provider":"BankersHub","version":"1.0","type":"link"}