Community Bankers for Compliance, Session II

CBC Members - $0; Non-CBC Members - $375 Tuesday, April 27, 2021 9:00 AM Register

The second session of the 2021 WBA Community Bankers for Compliance will be held virtually!

This seminar will be held in two separate sessions:

  • April 27, 2021, 9:00 a.m. - Noon
  • April 28, 2021, 9:00 a.m. - Noon

Session 2 Topic: Fair Lending Techniques

Early this year the FDIC strengthened its approach to fair lending examinations, and issued a variety of new documents, new procedures, and new checklists that examiners are required to complete. All of the regulators have stated that fair lending is going to play a larger role in examinations, even though the Federal Reserve and Office of the Comptroller of the Currency have not updated their fair lending manuals for a while. If your bank has a fair lending issue, finding it and dealing with it promptly is important..

This seminar will deal with techniques that you can use to monitor your bank’s fair lending status. Included will be case studies, techniques, checklists, suggestions for approaches, and other aids that will assist you and your bank to prepare for your next (and probably more detailed) fair lending exam. While we will address portions of the regulation briefly, our focus is going to be on methods that apply the regulation to your bank. The presenters will assume that attendees understand the basics of the regulation.

Some of the case studies and other material will be fairly lengthy and will be forwarded to attendees for review. Attendees should read and understand them prior to the seminar to get the maximum value from the program. We will not be able to offer attendees sufficient time during the seminar to digest the information. (This will probably be the first time a CBC program includes homework.)

This topic was suggested by many attendees when we last solicited topics.

The presentation will also include a brief discussion of the new HPML escrow rule. Many of you have received this manual section in recent weeks.

The Ability to Repay / Qualified Mortgage rule that was announced as our second quarter subject was delayed by the CFPB until October 2022, on the basis of the impact it would have on consumers and banks. For right now, the delay is just a proposal, however, we fully expect that it will become final. We also believe that it may be rewritten, making a presentation at this time useless.

The subjects for the regulatory update will be determined by circumstances and releases from the various agencies.

Who Should Attend?

Compliance officers, senior lending management, lenders, and others with responsibilities for lending of all types within the bank. Additionally, audit personnel will find this session useful.

Registration Options:

CBC Program Members:

  • $0 - CBC Program Members
  • $150 - each additional representative (single session)

Individual CBC Seminar Session Fees:

  • $375 - 1st representative (single session)
  • $150 - each additional representative (single session)


Sharon Bond, CRCM Consultant, Young & Associates, Inc.

Sharon Bond is a Consultant in the compliance department at Young & Associates, Inc. where she specializes in consumer compliance. Sharon works on a variety of compliance-related issues, including leading compliance seminars, conducting compliance reviews for all areas of compliance, conducting in-house training, and writing compliance articles and training materials. With over 30 years of industry experience, she has a strong background in mortgage lending and in federal consumer compliance laws and regulations. Sharon was an Associate National Bank Examiner with the Office of the Comptroller of the Currency (OCC) for five years. She holds the designation of Certified Regulatory Compliance Manager (CRCM) and the Six Sigma Qualtec Black Belt certifications

CBC Members - $0; Non-CBC Members - $375 Tuesday, April 27, 2021 9:00 AM Register