An Example of Disparate Impact

In this Compliance Clip, Adam gives an example of a disparate impact that actually comes from the regulators through the Interagency Exam Procedures on Fair Lending. This example shows how an otherwise neutral policy or practice, applied equally to all credit applicants, can disproportionately exclude or burden certain persons on a prohibited basis.

If you want to learn more about disparate impact, we have a brand new class in our store that takes a deep dive into this rather complicated fair lending topic. Click here to learn more: https://www.compliancecohort.com/disp...

For more Compliance Clips and banking regulatory compliance resources, visit: https://www.compliancecohort.com