How to be a Fair and Responsbile Lender Training

Just wanted to make everyone aware of a free training opportunity in Iowa City this month.

A training session titled, “How to Be a Fair and Responsible Lender,” to help eliminate disparities and discrimination in the lending process, will be offered on Thursday, April 30. The event, which is being sponsored by the City of Iowa City’s Human Rights Office and Neighborhood Development Services Department, will be held from 9 to 11 a.m. in Emma Harvat Hall at City Hall, 410 E. Washington Street.

Michael Seng, Professor and Co-Executive Director of the Fair Housing Legal Support Center at the John Marshall Law School in Chicago, will provide information on less obvious forms of discrimination; review policies, procedures, marketing processes, and subjective lending criteria that may raise questions of discrimination; and offer suggestions on how to avoid discriminatory practices.

Professor Seng will also discuss how lenders can analyze their risk, evaluate and improve their fair lending performance to improve their business, and show lenders how to develop a fair lending training system for their institution. While the focus will be on mortgage lending, the session will also have applications for consumer, commercial, and small business lending.

There is no fee to participate, but because seating is limited, attendees must pre-register by e-mailing [email protected] or calling 319-356-5022.