RC_RC_GO_201.1 Fair Lending and Equal Opportunity Laws

Certified Mortgage Compliance Professional (CMCP) Education Intermediate Residential Self-Study Web-Based Courses
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Option Price
Member $50.00
Non-Member $100.00

The Fair Lending and Equal Opportunity Laws course provides an overview of the legislation that shapes fair lending and equal opportunity compliance rules for the mortgage industry. This course covers the purpose and main provisions of the Equal Credit Opportunity Act (ECOA), the Fair Housing Act (FH Act), the Home Mortgage Disclosure Act (HMDA), and the Community Reinvestment Act (CRA) and aspects of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act).

For each law, the course provides a quick overview of essential facts about the law, including a brief statement of its purpose, its implementing regulation, and its primary regulator; a discussion of its history and background; and an explanation of its main provisions. While this course is intended to serve as an introduction, resources for further reading are provided for a more in-depth learning experience.

This is a single-family/residential course.

Topics:

  • Introduction to Fair Lending and Equal Opportunity Compliance
  • Equal Credit Opportunity Act (ECOA)
  • Fair Housing Act (FH Act)
  • Home Mortgage Disclosure Act (HMDA)
  • Community Reinvestment Act (CRA)
  • Dodd-Frank Wall Street Reform and Consumer Protection Act Section 342, Diversity and Inclusion

     

    Seat time approximately 2.5 hours.

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