Welcome to the Compliance Cohort. We are a group of compliance professionals working to make compliance easier. Our goal is to take complex compliance concepts and put them in simple terms that apply to the real world. We are glad you have found us and look forward to collaborating in the future.
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Fair lending is one of the most closely scrutinized areas in lending—and for good reason. When issues arise, the consequences can be significant. Whether it’s a referral to the Department of Justice, a civil money penalty, or a cited exam violation, fair lending risk is something regulators expect institutions to take seriously at every level of the lending process.
In fact, fair lending expectations don’t just apply to policies and procedures—they apply directly to the day-to-day decisions and actions made by individual lenders and loan staff. From how applications are handled, to how terms are offered, to how borrowers are communicated with, even small inconsistencies can raise concerns if they result in disparate treatment or unintended disparate impact. In many cases, the challenge isn’t a lack of effort—it’s a lack of clarity around how fair lending rules apply in real-world situations.
We believe fair lending is not only one of the highest-risk areas for your lending department, but also one of the most nuanced. The rules themselves may seem straightforward at a high level, but applying them consistently in practice—across different borrowers, products, and scenarios—is where institutions can run into trouble. That’s why ongoing, practical training for your lending team is so important. It’s not just about understanding the rules—it’s about understanding how those rules show up in everyday lending decisions.
To help institutions address this risk in a practical and effective way, we’ve developed two versions of our Fair Lending for Lenders training program—each designed to meet different needs depending on the depth of training your team requires.
For many institutions, the goal of fair lending training is to ensure that lenders and loan officers have a clear, consistent understanding of the fundamentals—without taking too much time away from their day-to-day responsibilities. This version is designed with that balance in mind.
In just over 30 minutes, this program provides a straightforward overview of fair lending, including key laws and concepts, the fundamentals of Regulation B and the Fair Housing Act, and practical guidance to help identify and mitigate fair lending risk in everyday lending situations.
This option works well for annual training, onboarding new employees, or as a quick refresher to reinforce core fair lending expectations across your lending team.
For institutions that need a deeper level of understanding, this version takes a more comprehensive approach to fair lending compliance. It’s designed for lenders and teams who are more directly involved in lending decisions or for institutions looking to strengthen their overall fair lending program.
This program goes beyond the basics by providing a more detailed look at how fair lending rules apply in practice. It includes a foundational overview of fair lending concepts and consequences, a deeper dive into Regulation B and ECOA requirements (as it applies to lenders and loan staff), and a practical discussion of common fair lending risk areas—such as underwriting, pricing, steering, and other indicators examiners often focus on.
This option is well-suited for institutions seeking a more robust training experience or for teams that would benefit from a deeper, more practical understanding of fair lending expectations.
While both versions of our program are designed with loan officers in mind, this training is valuable for your entire lending function—including loan officers, processors, assistants, underwriters, managers, auditors, and even compliance professionals. Whether your team is new to fair lending or highly experienced, both versions of our program provide meaningful insights and real-world examples.
Taught by a former lender and processor, each program is designed to be practical, engaging, and directly relevant to day-to-day responsibilities—without overwhelming your team.
We make it simple to roll out fair lending training to your entire team—no complicated setup required.
You have two convenient options for delivery:
Download & Distribute Internally. Download the video and share it with your team using your existing systems. This option gives you full control over how and when your team completes the training.
Private Portal. Prefer a simpler approach? We can host the training for you on a dedicated webpage on our website, protected by a password that you can easily share with your team. This allows your lenders and staff to access the training anytime, from anywhere, without the need for internal setup or technical coordination.
Both options are designed to be straightforward, flexible, and easy to implement so you can spend less time coordinating training and more time ensuring your team stays compliant.
Fair Lending Essentials for Lenders - $449 (time = 36 minutes)
Short, efficient, and practical—a clear overview of fair lending fundamentals without taking too much time away from daily responsibilities
Advanced Fair Lending for Lenders - $499 (time = 102 minutes)
Comprehensive and in-depth—a deeper, real-world look at fair lending risks, requirements, and how they apply in day-to-day lending decisions
Demo Available: If you would like to demo this class before you purchase it to make sure it's what you are looking for, just let us know and we can work something out.
The total time of video instruction in this program is 36 minutes.
TBD
The class is presented in 3 different videos and the total time of video instruction in this program is 1 hours and 42 minutes.
Fair Lending for Lenders includes a comprehensive training manual which can be used as a reference tool long after attending the program.
Part I (1 Video -26 min)
Introduction to Fair Lending
Overview of fair lending
Overview of Reg B
Overview of Fair Housing Act
The 3 types of Discrimination
Potential Consequences
Part II (1 Videos - 55 min)
Regulation B
Overview of Regulation B
Discrimination Prohibition
Requesting Information
Evaluating Applications
Extending Credit
Part III (1 Video - 21 min)
Fair Lending Risk Indicators in:
Overt Evidence
Underwriting
Pricing
Steering
NOTE: For an even more comprehensive program on fair lending, be sure to check out our Fair Lending Bootcamp here.
This Compliance Class provides you with a deep dive into the fair lending requirements for financial institutions.
The class includes the following:
A comprehensive manual
An optional quiz (and answer key) to track both attendance and comprehension
3 “virtual classroom” instructional videos
You can deliver this to your lenders in one of two ways:
Download the videos and deliver it how you want; or
Use an online portal on our site (contact us to set this up)
60-day access to the class
The manual can be downloaded
The training videos can be downloaded
All of our Compliance Classes are presented in our virtual classroom approach. This approach is designed to bring the presenter to you (at a fraction of the cost of having a live person) and includes a video of the presenter in front of a slide presentation that replicates a typical seminar environment. In addition, our presenters take a three-part approach to compliance instruction: to educate, to empower, and to entertain. This is achieved by focusing on relevant topics, speaking in simple to understand, layman's terms, and by keeping it light and humorous whenever possible. We have found that this "3-E" approach allow students to learn as quickly and effectively as possible. And, it adds a little bit of fun to an otherwise dreadful topic.
When you purchase this compliance class, you get instant access to the online version of this class for 60 days. You will also receive an electronic version of the accompanying manual to keep.
We believe in our training products so much that we are offering a 100% money back guarantee within the first 10 business days after purchase. If you do not feel that you received the value promised for this training session, contact us within the first 10 business days after purchase and we will either make things right or provide 100% of the purchase price back to you.
