Calling All Bank Directors Episode 12: Fair Lending During the New Civil Rights Movement
This week, host and AABD President David Baris is joined by Ken Thomas, a leading expert in the Community Reinvestment Act, to discuss what bank Boards and management should be doing now to help assure that all their customers are being treated fairly.
Click here to listen to episode 12 or subscribe wherever you get your podcasts.
Your bank may be doing everything right but the fair lending laws and regulations are open to interpretation and subjective judgment.
Regulators will likely scrutinize fair lending practices even more carefully given recent developments. Some consumer groups are likely to employ unannounced testers to find evidence of disparate treatment to support lawsuits and referrals to the regulatory agencies.
Thanks to our guest, Ken Thomas.
Calling All Bank Directors is the podcast of the American Association of Bank Directors. AABD has been your advocate since 1989 and our podcast, hosted by AABD President David Baris, is designed to keep you well informed to help protect both you and your bank.
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