Fair Lending and UDAAP Update: A Discussion on Applicability of Fair Lending and Anti-Discrimination Principles to the Life Cycles of a Credit Transaction

Over the last two years, the CFPB has placed significant emphasis on fair lending and anti-discrimination initiatives. From guidance to algorithmic credit decisioning to a new exam manual that deems discrimination in the credit process to be actionable under the Bureau’s UDAAP authority, the CFPB has been aggressively expanding its claimed authority to police purported discrimination in the financial services space. We will be discussing the implications of these trends, and will provide practical ways for banks, non-bank lenders, Fintechs, and other players in the financial services space to reduce risk in this uncertain regulatory environment.

For more information, view the agenda.