In today's volatile lending environment, Fair Lending analysis is more important than ever. Last year, the regulators  referred a significantly increased number of cases to the Department of Justice Fair Lending Exam Unit citing lending disparities among different borrower types.  The Federal Reserve reported unanticipated lending disparities between minorities and whites. This report is a clear indication that more invasive Fair Lending exams are forthcoming.

As your partner, TRUPOINT's objective is to provide you with the products and services necessary to do your job effectively.

The TRUPOINT Fair Lending Analysis and Review services are designed to provide the compliance professional with insight into his or her institution's lending practices and proactively uncover any potential violations. The objective of the TRUPOINT Fair Lending tools is to provide you with information regarding your lending practices proactively so that you can ensure any potential lending violations are discovered and remedied well in advance of your next exam. 

Do not be caught unaware.  Know in advance, what your institution's loan data says about your lending patterns. Knowledge is power where Fair Lending compliance is concerned. 

Self Assessment Reports

TRUPOINT Partners Fair Lending Self Assessment report is the most advanced review of HMDA data available today.  This report will enable you to proactively review your institution's lending to all applicants. 

Loan originations, denials, withdrawn applications, and loan pricing are reviewed.  Rate and price analysis is augmented with additional data to resolve potential discriminatory lending questions that may arise.  

This report will clearly calculate your origination, denial, and pricing disparity index using either your loan data or the HMDA LAR information.  The TruPoint Disparity Index Grid will enable you to identify potential Fair Lending issues, long before the examiner reviews your data.  Loan "outliers" are identified and targeted for further review.  A close adherence to Fair Lending risk factors as outlined in the Fair Lending exam guidelines have been incorporated into this review.

You should never go into a Fair Lending Exam without all the information.  Ask your Account Manager about TRUPOINT Partners Fair Lending Self Assessment Report today. 

Regression Analysis

The examining agencies run regression analysis on all HMDA data to identify "outliers".  Their regression testing drives exam schedules and scope.  TRUPOINT Partners Fair Lending Regression Analysis allows you to perform the same regression testing on your loan data well in advance of your exam.  Should issues be identified, you will have time to review those loan files and prepare for the examiners.   

TRUPOINT Partners outsourced Regression Analysis reviews all applications and can easily identify those applications that fall outside of your credit and pricing decision models. 

TRUPOINT Partners assists you in selecting the proper type of regression, the correct data sources and data sets.  By utilizing TRUPOINT Partners outsourced Regression Analysis you are not required to purchase expensive software, spend valuable resources on training or become a statistical expert.

Peer Group Analysis

A thorough fair lending review would not be complete without a review of your bank's performance in relation to that of other banks in your peer group. 

TRUPOINT Partners Peer Group Analysis Report is designed to compare your bank's lending performance against that three to five peer institutions.  Peer groups are determined based on bank size, location, and product mix. 

Loan information is aggregated for both the control group and prohibited basis.  Origination, denial, fall-out, and pricing disparities are calculated for each institution and compared against the subject bank.  These comparisons are useful when preparing for upcoming coming exams and determining potential lending disparities.  Peer group analysis can also assist with your bank's marketing efforts.  Contact a TRUPOINT Account Manager to learn more today.