Fair Lending Compliance

As a lending institution, you face increasing regulatory scrutiny and enforcementactions related to fair and responsible lending. You need to ensure that your lending practices are fair, transparent, and compliant with the laws and regulations that protect consumers from discrimination and unfair treatment. You also need to understand and respond to the credit needs of the communities you serve.

At CCG Catalyst, we offer comprehensive consulting solutions and internal audit services to help you develop, implement, and monitor an effective fair lending program that aligns with your business profile and risk appetite. We have the expertise, tools, and experience to assist you with every aspect of fair lending risk management, from program development and review to data integrity and analysis, to remediation and training.

Our services

  • Fair Lending Program Development: We help you design and document a fair lending program that covers the entire lending lifecycle, from loan application to servicing. We help you establish policies, procedures, and controls that define and limit your fair lending risk exposure and ensure compliance with the Equal Credit Opportunity Act (ECOA), the Fair Housing Act (FHA), and other applicable laws and regulations.
  • Fair Lending Program Review/Audit: We conduct an independent and objective assessment of your existing fair lending program, including your governance structure, risk assessment process, monitoring and testing activities, reporting and escalation mechanisms, and corrective action plans. We identify any gaps, weaknesses, or areas of improvement, and provide you with practical recommendations and best practices.
  • Fair Lending Statistical Performance Analysis: We perform statistical analysis and comparative file review to measure and evaluate your fair lending performance and outcomes. We use sophisticated analytical techniques and tools to detect and quantify any potential disparities or indicators of discrimination in your underwriting, pricing, steering, and redlining practices. We also conduct peer analysis to benchmark your performance against your competitors and peers.
  • Fair Lending Community Credit Needs Assessment: We help you understand and address the credit needs and opportunities of the communities within your market areas. We analyze demographic, economic, and social data, as well as your lending activity and performance, to identify any gaps or areas of improvement in your community outreach and development efforts. We will also help you enhance your Community Reinvestment Act (CRA) performance and reputation.
  • Fair Lending Remediation and Issue Resolution: We assist you with resolving any fair lending issues or findings that arise from internal or external audits, examinations, or complaints. We help you design and implement effective remediation plans that address the root causes of the issues and prevent their recurrence. We also help you communicate and negotiate with regulators, customers, and other stakeholders, and manage any potential litigation or enforcement actions.
  • Fair Lending Training: We provide customized and interactive training programs to educate and raise awareness among your board, management, and staff on fair lending laws, regulations, and best practices. We tailor our training content and delivery to your specific needs and objectives and use real-life examples and scenarios to enhance learning and engagement.

Why choose us

CCG Catalyst is a trusted and experienced partner for fair and responsible lending risk management. We have a team of seasoned professionals with deep knowledge and expertise in fair lending laws, regulations, and methodologies. We have worked with hundreds of lending institutions of all sizes and types, across various markets and segments. We have a proven track record of delivering high-quality, timely, and cost-effective solutions that meet or exceed our clients’ expectations and regulatory requirements.

When you work with us, you benefit from our:

  • Comprehensive approach: We take a holistic and integrated approach to fair lending risk management, covering all aspects of your lending operations, products, and services. We help you align your fair lending program with your strategic goals, business model, and risk appetite.
  • Customized solutions: We tailor our solutions to your specific needs and circumstances and provide you with actionable and practical recommendations and guidance. We do not use a one-size-fits-all or cookie-cutter approach, but rather adapt our methodologies and tools to your unique situation and challenges.
  • Value-added insights: We leverage our extensive industry knowledge and experience, as well as our proprietary data and analytics, to provide you with value-added insights and benchmarks that help you improve your fair lending performance and outcomes. We also help you identify and capitalize on new opportunities and trends in the market.
  • Collaborative partnership: We work with you as a trusted and long-term partner, not just a vendor or consultant. We listen to your needs and concerns and communicate with you openly and transparently. We respect your culture and values and strive to build a strong and lasting relationship with you.

Contact us today to learn more about how we can help you manage your fair and responsible lending risk and achieve your business and compliance objectives.

Featured Research

Meet our leader

Paul Schaus

Paul Schaus

Managing Partner

As Founder, President and Chief Executive Officer he leads a successful team of subject matter experts. Throughout his successful career Paul has been a banker, management consultant, strategist, thought leader and strong advocate to the financial services industry.

Sharing news, research, events, and more

If you are interested in learning more about our bank consulting services, or if you have any questions or comments, please feel free to contact us. We look forward to hearing from you and working with you.