The Federal Housing Finance Agency (FHFA) is tasked with the oversight of fair housing, fair lending, and other relevant laws, as well as strategic planning to address barriers faced by renters and borrowers, which are important in promoting fair access to housing opportunities and credit-related products designed to meet their financial needs.

Recently, the FHFA issued a final rule that addresses barriers to sustainable housing opportunities for underserved communities by codifying existing FHFA practices in regulation and adding new requirements related to fair lending, fair housing, unfair or deceptive acts or practices, and Equitable Housing Finance Plans.

In this webinar, we will explore what changes have been made and how those changes affect your financial services organization’s policies and procedures related to fair lending programs.

Discussion topics will include:

• Key components of a fair lending program
• How new regulations affect your fair lending program (Section 1071, Mortgage Servicing Proposal, and the New Community Reinvestment Act)
• The recent rise in red lining enforcement actions and the importance of analyzing your HMDA data
• Tips for developing policies and procedures related to fair lending
• Information you must share with the board

PRESENTER:

Dr. Trish Petak
Owner, Business3M
Associate Professor of Business and Accounting, Kansas Wesleyan University

Dr. Trish Petak is a seasoned curriculum developer passionate about creating engaging and effective learning experiences. With over 10 years of experience in education and curriculum development, Trish has designed curricula for various institutions and programs. Her expertise and industry experience are in business (primarily finance and economics), banking, and leadership. In addition to her curriculum development work, Trish is a business professor at a university in Kansas and a frequent presenter at conferences and workshops. She enjoys sharing her research, expertise, and insights with business professionals.