Fair Lending Policy | Practical Law

Fair Lending Policy | Practical Law

A policy for lenders designed to prevent anti-discriminatory practices in consumer lending transactions and ensure compliance with fair lending laws. This Standard Document contains provisions requiring management oversight, employee training, and compliance monitoring through statistical analysis of loan data. This Standard Document also contains notes with important explanations and drafting tips.

Fair Lending Policy

Practical Law Standard Document 4-587-8506 (Approx. 15 pages)

Fair Lending Policy

by Practical Law Finance
MaintainedUSA (National/Federal)
A policy for lenders designed to prevent anti-discriminatory practices in consumer lending transactions and ensure compliance with fair lending laws. This Standard Document contains provisions requiring management oversight, employee training, and compliance monitoring through statistical analysis of loan data. This Standard Document also contains notes with important explanations and drafting tips.