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Diversity and Inclusion Guidelines Dodd Frank Act Section 342 and HMDA Implementation (MLC963G)
Are You Ready to Implement Section 342 and HMDA Best Practices in Your Organization?
Compliance with Section 342 is one of the best practices you should follow. Companies complying with the standards will increase their pipeline of diverse and competent talent, thereby, creating a competitive advantage. HMDA compliance can help in mitigating regulatory fees, fines and civil monetary penalties. Also, HMDA compliance and accurate data can protect financial institutions from fair lending actions.
Join Keesha Warmsby to get expert tips to help you implement Section 342 Joint Standards and broaden your pipeline for diverse employees/vendors. The session will guide you to create a diverse and inclusive self-assessment. You will get an overview of the rule, and will understand the best practices related to HMDA technology and implementation.
This session will also address the use of HMDA data in fair lending enforcement and will provide you an access to resources, including Section 342, Dodd-Frank, 80 FR 66127, 12 C.F.R. 1003, CFPB Compliance and other industry resources.
Organizational commitment to diversity and inclusion
Workforce profile and employment practices
Procurement and business practices – Supplier diversity
Practices to promote transparency of organizational diversity and inclusion
Guidance for creating a diversity and inclusion self-assessment.
How to broaden your pipeline for diverse employees and vendors?
An overview of the HMDA Rule
HMDA technology and implementation best practices
The use of HMDA data in fair lending enforcement
Who Should Attend
Compliance officers, managers, directors, owners, loan originators, and other employees of financial institutions, banks, consumer lenders, mortgage companies, credit unions and other lenders regulated by the CFPB, FDIC, OCC, NCUA, SEC, and the FHFA
Vendors to the aforementioned financial institutions
*Single User Price. For multiple users please call 1-800-223-8720
Keesha Warmsby focuses her practice on complex commercial litigation and regulatory compliance, primarily representing financial services companies. Working in an industry that is constantly in flux, Keesha helps her clients navigate through the legal and regulatory environment. She has worked with ...
Disclaimer: The content herein does not represent any association between CFPB and Eli Financial LLC. CFPB neither endorses any product of Eli Financial LLC nor warrants accuracy of the content hereto.