The CFPB recently released its Fair Lending Report for 2020 and, in doing so, gave us a look into frequently-cited ECOA violations in 2020.
You will see that adverse action notice requirements continue to make these lists!
Is your financial institution in compliance with the timing and content requirements under Regulation B? While there have not been any recent changes in this area, adverse action notice requirements always seem to bring challenges for many institutions. Want to learn more? Join us for our webinar on Adverse Action Notices!
We’ll also have more in our Magazine.
Amy brings many years of banking and compliance experience to Banker’s Compliance Consulting. She has worked for both large and small financial institutions and spent time working in every area of a bank. She started out as a teller in college and eventually became a branch manager.
Her love, however, was always compliance. Amy began her career with Banker’s Compliance Consulting in 2000. Her knowledge and experiences have allowed her to develop a well-rounded and practical approach to regulatory compliance. Amy is CRCM certified, has a Bachelor’s Degree in Business Administration, and is a graduate of the ABA Compliance School.
Amy & her husband have two children at home and stay busy following their activities. They spend a lot of time in the bleachers!