Fair Lending

Fair Lending/Nondiscrimination Analysis

Forvis Mazars can conduct a fair lending/non-discrimination assessment of the adequacy of the bank’s written policies and procedures established to ensure equal treatment for all credit applicants; furthermore, our professionals can assess whether loan officers adhere to principles of fair lending without consideration of the “prohibited basis.” At the conclusion of the assessment, Forvis Mazars will be positioned to provide management and the Board with an objective perspective on the bank’s fair lending procedures by comparing application qualifications and outcomes. Before analysis begins, we can conduct a risk assessment designed to help confirm the focus and size of analysis to be conducted.

When conducting this risk assessment, our professional will follow guidelines similar to those utilized by the federal regulatory agencies and will consider:

We will then conduct the nondiscrimination assessment, which usually focuses on commercial, consumer, or real estate transactions consummated within the past six months. We will conduct either an underwriting or terms and conditions comparative assessment.

We also will assess: