Redlining is the Practice of Denying or Limiting Financial Services to Certain Neighborhoods Based on Racial or Ethnic Composition without Regard to the Residents' Qualifications or Creditworthiness.

As an MLO, or anyone who manages an MLO, have you ever heard/said the following, or something similar to one of the following statements?

  • "I don't touch loans under a certain amount...why should I, they are just as much work as a larger loan and I don't make enough to deal with them."
  • "Loans under $(X) aren't worth my time."
  • "I have a minimum loan amount and I won't do anything under $(x)"
  • "I don't originate mortgage loans in that area."

These statements are a direct violation of Fair Lending Laws, specifically under HMDA/REG C & ECOA and are considered to be Redlining!!!

If you are looking for a way to align your compliance management plan and origination staff awareness, then you need this course. It's available now as an online non-bank lender redlining course and is a must-have for ALL of your staff as proof that your organization is taking this matter seriously!

This Course covers the following topics over 2 modules:

  • How History Shaped the Current Environment
  • What Laws Govern Redlining
  • Identifying a Pattern or Practice of Discrimination
  • Types of Discrimination in Lending
  • Does Redlining Really Apply to Non-Bank Entities?
  • What is REMA & MSA?
  • Self-Testing
  • The Importance of Cultural Shift
  • The Importance of Community Outreach in Under-Served Areas
  • Leverage

Course Includes a Comprehensive Review as well as a Certificate of Completion for employee files in the face of an audit. 

Order Now
Compliance is one-click away for $39! Group Discounts are also Available for the Entire Staff. Call us at 317-566-0425!!!!

Annual MLO Redlining Training is a Must-Do. As a Bank, Non-Bank Lender, or Broker, Redlining Training Definitely Applies to You! Failure to Train on this Topic Annually Could Cost You an Audit!