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This alert focuses on fair lending issues in connection with PPP ... or abusive acts or practices (UDAAP). On April 3, 2020, just a week after the CARES Act was signed into law, the SBA opened ...
Finally, the CFPB says it is using its ECOA and UDAAP authority to look at bias in automated systems and models, including the targeting of vulnerable populations. The annual fair lending report ...
“The mission of fair lending is to break these discriminatory patterns and ... or abusive acts and practices,” known as UDAAP violations. “Redlining, pricing discrimination, and appraisal bias are ...
or Abusive Acts or Practices (UDAAP) violations in the context of debt collection, but any list is not going to be comprehensive. Also, please note that the obligation to avoid UDAAPs is in addition ...
I look forward to working with Treliant clients on HMDA, fair lending, CRA, and other issues affecting the institution and its customers, including UDAAP, credit risk management, and credit ...
Chopra was referring to a situation in which a lender violated fair-lending rules by improperly asking questions ... deceptive and abusive acts and practices,” known as UDAAP violations. Still, the ...
The UDAAP risk assessment sub-module follows the recent addition of the Fair Lending Risk Assessment (FLRA) sub-module to WolfPAC's comprehensive set of Regulatory Compliance Risk Assessment tools ...
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