Cohort default rates and school-specific variables (such as graduation rates) are now in play. But that's not all. Join us for an even closer look at the fair lending portions of the CFPB's education loan examination procedures. We'll point out the areas that are clearly going to receive heightened scrutiny and we'll conclude by telling you how to prepare to defend your use of the specific variables that the CFPB will challenge.

Topics

  • An overview of the CFPB and fair lending
  • The CFPB's comments about student loans: the past as prologue
  • The CFPB's fair lending concerns with advertising, marketing, and lead generation
  • The CFPB's fair lending concerns with eligibility, underwriting, and pricing decisions
  • The CFPB's fair lending concerns with servicing and collection
  • The CFPB's view of disparate impact (CFPB Bulletin 2012-14)
  • The current status of the law and where it may be heading
  • Defending the use of cohort default rates and school-specific variables
  • Appeals of adverse fair lending determinations (CFPB Bulletin 2012-7)
  • What you need to do now to prepare for fair lending issues in that first CFPB exam  

Program

12:00 PM - 1:00 PM ET | Webinar

Moderator

Alan S. Kaplinsky, Practice Leader, Consumer Financial Services Group

Presenters

John L. Culhane, Jr., Partner, Consumer Financial Services Group and Higher Education Group
Christopher J. Willis, Partner, Consumer Financial Services Group
Stefanie H. Jackman, Associate, Consumer Financial Services Group

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 M. Prickril at prickrill@ballardspahr.com.

Program Contact

Lisa Prickril
prickrill@ballardspahr.com