While it may be easy to put fair lending compliance initiatives on hold given recent challenges to the CFPB’s
constitutionality and leadership changes at the prudential regulators, doing so may increase risk for institutions
down the road. Developing and implementing an effective
fair lending compliance management system (fair lending
CMS) continues to be a challenge in our evolving state and
federal regulatory landscape. Are you ready for the new
HMDA rules? Have you read the recent enforcement actions relating to redlining? What is a “credit needs assessment?” And what is this “REMA” that everyone has been
THE MOST READ ARTICLE
SEPTEMBER 2017 ISSUE
Loretta Kirkwood & Austin Brown
For writing the most read article
in the September 2017 Issue of
Mortgage Compliance Magazine.
WATCH - DON’T WAIT
IS YOUR FAIR LENDING CMS
Loretta Kirkwood is a managing director
at CrossCheck Compliance LLC.
Loretta can be reached at LKirkwood@
Austin Brown is a Counsel in the
Washington, DC office of Skadden,
Arps, Slate, Meagher & Flom LLP.
Austin can be reached at
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