A new ICBA whitepaper provides an in-depth look at current trends in fair lending and the scrutiny of redlining practices. The whitepaper explores critical concepts such as disparate impact, disparate treatment, traditional and reverse redlining, and emphasizes the importance of understanding market demographics.
Offering practical guidance, the whitepaper suggests proactive measures to help banks increase lending in underserved areas, helping to prevent inadvertent exclusion based on national or ethnic characteristics and avoid redlining violations before they occur. Read the whitepaper.