Now more than ever, it’s essential for financial institutions to take part in the evolution of fair lending and compliance initiatives. The compliance function, along with the lending industry as a whole, is undergoing a digital transformation, and it’s essential that lenders keep up with impactful trends. One of the best ways to stay on top of industry insights is to engage in the larger fair lending community. 

This year, the Asurity and RiskExec® teams will be participating in and speaking at the Fair Lending Forum in Charlotte, North Carolina. With numerous sessions about recent trends, practitioners’ experience in creating robust compliance management systems, enforcement actions, community perspectives, and more, the Forum is a great opportunity for financial institutions to hear firsthand about the direction of the fair lending landscape and how to be prepared.

Where, When, and Who?

This year’s Fair Lending Forum will take place Monday, May 2, through Wednesday, May 4, 2022. It will be hosted in Charlotte, North Carolina, at both the JW Marriott Charlotte and the Atrium Health Ballpark. 

Sessions at the Fair Lending Forum will feature speakers from the Asurity and RiskExec teams, along with highly seasoned professionals from other major agencies, including the Federal Housing Finance Agency (FHFA), Consumer Financial Protection Bureau (CFPB), Office of the Comptroller of the Currency (OCC), Federal Deposit Insurance Corporation (FDIC), Federal Reserve Board of Governors (FRB) Department of Justice (DOJ), Freddie Mac, and Fannie Mae, and financial organizations such as Ally, Valley Bank, Bank OZK, and Bank of the West. 

What Will I Learn?

The Fair Lending Forum is an exciting opportunity for financial institutions to be the first ones to know and learn about the latest trends in HMDA, CRA, redlining, fair lending, and fair servicing to help prepare for the future of the compliance industry. The Forum will highlight discussions about hot topics in the field, including the increase in scrutiny surrounding AI in lending, COVID-19 and its recent and long-term impacts on foreclosures and forbearance, and reporting protocols connected to Section 1071 of the Dodd-Frank Act and will prepare attendees for the shifts in the lending industry that are on the horizon. 

Forum Sessions

The Forum has organized a number of important sessions discussing HMDA, CRA, redlining, fair lending, and fair servicing. Here are only a handful of the session topics to be covered: 

• “Hot Topics: AI Risks on Underwriting and Pricing, Discrimination in Appraisals, and Gender Identity and Sexual Orientation Implications,” moderated by Melissa Hammer, SVP of Fair Lending Product Management at RiskExec, and featuring Lindsay Yousif of Ally, Britt Faircloth of Valley Bank, and Lynn Woosley of Treliant
• “Enforcement Actions: A Practical Review of Recent Trends,” featuring Andrea Mitchell of Mitchell Sandler and Jon Seward, Principal Deputy Chief of the Department of Justice (DOJ)
• “Deep Dive on Fair Servicing: Views on Foreclosures, Evictions and REO,” moderated by Todd Karazim of Mitchell Sandler and featuring Dr. Marsha Courchane of Charles River Associates, Danielle McCoy of Fannie Mae, Arvind Jagnnath of Sagent, and Jeff Jaffee of Freddie Mac
• “Know What Your Redlining Analysis Says About Your Institution,” moderated by Daniella Casseres of Mitchell Sandler, Amy Magee of Bank OZK, Brenda Baylor of Cross River, and Tim Smyth of Freddie Mac

You’ll hear from Asurity and RiskExec professionals about topics such as:

• “Community Group Perspectives on Emerging Issues,” moderated by Andy Sandler,  CEO of Asurity, Lisa Rice, President and CEO of the National Fair Housing Alliance, and Mike Calhoun, President of the Center for Responsible Lending
• “1071: Intersects with Dodd-Frank, Data Collection, SBA, ECOA and Community Development Needs,” moderated by Dr. Anurag Agarwal, President of RiskExec and featuring Chris Napier of Mitchell Sandler, Bev Donawho of Cornerstone Home Lending, Inc., and David Roell, VP of Compliance Products and Analytics at RiskExec
• “RiskExec Tips and Tricks,” moderated by Katey McBurney, Director of Client Success and Engagement at RiskExec and featuring John Murphy, Chief Architect at RiskExec, Brett Lewis, VP of Software Development at RiskExec, and David Roell, VP of Compliance Products and Analytics at RiskExec
• “The Practitioner's Guide to Implementing a Robust CRA Program,” moderated by Arielle Gilman, Director of Implementation and Training at RiskExec and featuring Linda Ezuka of CRA Today and the CRA Hub and Ellen Murphy of Bank of the West

These sessions are designed specifically to provide tangible outcomes for financial professionals, including gaining expertise in compliance management systems, networking with peers in your industry, being the first to know fair lending trends that can be applied to practices within your institution, and even earning 12 CRCM and 1.25 CERP Continuing Education (CE) credits. 

See You at the Fair Lending Forum

The frequent changes in regulatory requirements and fair lending compliance coupled with the digital transformation of the lending industry have created a new landscape for financial institutions. Now is the time for lenders to be aware of trends in the compliance industry and apply them to the future of their organizations. 

The Fair Lending Forum is the perfect opportunity for lenders to hear from government officials, regulators, compliance professionals, and other financial institutions about the direction of fair lending. To learn more about the 2022 Fair Lending Forum, register today.