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Вміст надано Mark Treichel and Mark Treichel's Credit Union Exam Solutions. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Mark Treichel and Mark Treichel's Credit Union Exam Solutions або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.
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Fair Lending Basics

40:21
 
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Manage episode 446623701 series 3303439
Вміст надано Mark Treichel and Mark Treichel's Credit Union Exam Solutions. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Mark Treichel and Mark Treichel's Credit Union Exam Solutions або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.

Set up a call:

https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10

Check out our website:

https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10

Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone!

We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out.

Hire us and gain:

• Peace of mind during your exam process

• Insider knowledge of NCUA procedures and expectations

• Strategies to address potential issues before they become problems

• Continuous access to our extensive subject matter expertise

With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination.

Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed.


Fair Lending Basics with Joe Goldberg

In this episode, Mark Treichel interviews Joe Goldberg, a former NCUA official, about the basics of fair lending for credit unions. Key topics covered include:

- Definition and importance of fair lending
- Major fair lending laws: Equal Credit Opportunity Act (ECOA), Fair Housing Act, Home Mortgage Disclosure Act (HMDA)
- Types of discrimination: disparate treatment vs. disparate impact
- NCUA's fair lending examination program
- Tips for credit unions to protect themselves and ensure compliance:
- Know the laws and regulations
- Implement a robust compliance management system
- Provide adequate training
- Maintain oversight of lending practices and third parties
- Resources for credit unions to learn more about fair lending requirements

Key quotes:
"Fair lending is usually looked at by what is prohibited rather than what is required." - Joe Goldberg

"Intent is not an element of violating ECOA." - Joe Goldberg

"Credit unions try to get it right, but they don't always do that. The more they can educate themselves, the better off they will be and the better off their members will be." - Joe Goldberg

Resources mentioned:
- NCUA Fair Lending Guide
- NCUA Federal Consumer Financial Protection Guide
- FFIEC website (ffiec.gov)
- CFPB website
- NCUA regulatory alerts and letters to credit unions

  continue reading

206 епізодів

Artwork
iconПоширити
 
Manage episode 446623701 series 3303439
Вміст надано Mark Treichel and Mark Treichel's Credit Union Exam Solutions. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Mark Treichel and Mark Treichel's Credit Union Exam Solutions або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.

Set up a call:

https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10

Check out our website:

https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10

Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone!

We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out.

Hire us and gain:

• Peace of mind during your exam process

• Insider knowledge of NCUA procedures and expectations

• Strategies to address potential issues before they become problems

• Continuous access to our extensive subject matter expertise

With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination.

Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed.


Fair Lending Basics with Joe Goldberg

In this episode, Mark Treichel interviews Joe Goldberg, a former NCUA official, about the basics of fair lending for credit unions. Key topics covered include:

- Definition and importance of fair lending
- Major fair lending laws: Equal Credit Opportunity Act (ECOA), Fair Housing Act, Home Mortgage Disclosure Act (HMDA)
- Types of discrimination: disparate treatment vs. disparate impact
- NCUA's fair lending examination program
- Tips for credit unions to protect themselves and ensure compliance:
- Know the laws and regulations
- Implement a robust compliance management system
- Provide adequate training
- Maintain oversight of lending practices and third parties
- Resources for credit unions to learn more about fair lending requirements

Key quotes:
"Fair lending is usually looked at by what is prohibited rather than what is required." - Joe Goldberg

"Intent is not an element of violating ECOA." - Joe Goldberg

"Credit unions try to get it right, but they don't always do that. The more they can educate themselves, the better off they will be and the better off their members will be." - Joe Goldberg

Resources mentioned:
- NCUA Fair Lending Guide
- NCUA Federal Consumer Financial Protection Guide
- FFIEC website (ffiec.gov)
- CFPB website
- NCUA regulatory alerts and letters to credit unions

  continue reading

206 епізодів

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