Stay current with the latest CFPB amendments to Regulation B under the Equal Credit Opportunity Act (ECOA). This course delivers detailed guidance on legal requirements for disparate impact, discouragement of applicants, and administration of special purpose credit programs. Learn how to apply updated compliance standards, reduce risk, and foster fair lending practices. Designed for compliance officers, legal counsel, and credit industry professionals, this course offers actionable steps and real-world examples to ensure your organization aligns with federal expectations.
In this course you will learn the following:
* Identify and understand the key requirements of the Final Rule.
* Implement actionable steps to ensure compliance with new standards on disparate impact, discouragement, and SPCPs.
* Recognize the consequences of non-compliance, including legal and financial risks.
* Apply the rule’s provisions to real-world credit operations and decision-making.
