Course Number: ABA
Course Code: ABA
Demonstrates how to avoid discriminatory and unfair lending practices when interacting with clients. Examines the consequences of illegal discrimination and explains the key points in the federal laws. Defines disparate treatment and disparate impact practices and identifies illegal discrimination that should be avoided at common stages in the credit process.
Updated: March 2019
Re-versioned: February 2017
What You’ll Learn
After completing this course, students will be able to:
-Describe the relationship between unfair treatment and illegal discrimination
-Explain the relationship between the fair lending laws and the three types of illegal discrimination
-Identify the best practices to ensure compliance with fair-lending laws.
Audience: Bank personnel who have customer contact, and deal with consumer and real estate credit transactions including sales, processing, underwriting and compliance personnel.