RETIRED - Fair Lending Practices

This course provides you with an overview of the fair lending laws. Learn how the Fair Housing Act, Equal Credit Opportunity Act, Home Mortgage Disclosures Act, and Community Reinvestment Act help promote fair lending practices.
SKU: P2401EN
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Extending credit is a cornerstone of banking. Because of society's need for lending and credit, Congress has passed a number of acts ensuring that banks distribute credit fairly.


In this module we will discuss the laws regarding fair lending practices in the United States. We will provide an overview of the legislation that exists, discuss what you need to know, and review the penalties for non-compliance.


This course includes an examination.


Learning Objectives:

By the end of this module, you should be familiar with the ways in which the following laws ensure fair lending practices in America:

  • The Fair Housing Act (FHA)
  • The Equal Credit Opportunity Act (ECOA)
  • The Home Mortgage Disclosure Act (HMDA)
  • The Community Reinvestment Act (CRA)

Course Outline:

  • The Fair Housing Act

o   Compliance

o   Penalties for non-compliance

  • The Equal Credit Opportunity Act

o   Compliance

o   Discriminatory actions

o   Penalties for non-compliance

o   Types of lending discrimination

  • The Home Mortgage Disclosure Act

o   Compliance

o   Penalties for non-compliance

  • The Community Reinvestment Act

o   Evaluations

  • CRA non-compliance


0.83 hours


Audio, hybrid



Products specifications
Course Language English
Length Range 31 - 60 Minutes
Length (Hours) 0.83
Course Features Audio
Course Features Mobile
Module Number(s) 4449EN