Fair lending remains one of the hottest topics for regulatory compliance and litigation risk, and the Department of Justice settlement with GFI Mortgage Bankers, along with other recent settlements, gives us several important clues about the regulators' current attitudes about fair lending enforcement and compliance. In this webinar, attorneys from Ballard Spahr's Consumer Financial Services and Mortgage Banking Groups will analyze these settlements and share insights about what they mean for other companies in the consumer lending industry.

Topics

  • What the settlements mean for the government's use of disparate impact analysis
  • Lessons to be drawn from the size of the settlements
  • The statistical thresholds considered significant by the government in assessing potential disparate impact claims
  • Which of the consent orders' terms signal best practices for fair lending compliance

Program

12:00 PM - 1:00 PM | Webinar

Moderator

Alan S. Kaplinsky
Practice Leader, Consumer Financial Services Group

Panelists

Richard J. Andreano, Jr.
Practice Leader, Mortgage Banking Group

John L. Culhane, Jr.
Partner, Consumer Financial Services Group

Christopher J. Willis
Partner, Consumer Financial Services Group
Chair, Fair Lending Task Force

This program is open to Ballard Spahr clients and members of the financial services industry. There is no cost to attend. This program is not eligible for continuing education credits.

Please register at least two days before the webinar. Login details will be sent to all approved registrants. For more information, contact Lisa Prickril at prickrill@ballardspahr.com.