Canarie AI

Exam Preparation

Fair Lending Exam Preparation for Fintech

Fair lending examinations scrutinize your lending practices for discrimination and disparate impact. Canarie helps you maintain continuous evidence of your fair lending program, from policy reviews to monitoring activities to exception tracking. When examiners arrive, you demonstrate a well-documented program. Specifically tailored for the unique examination requirements facing fintech.

More for Fintech

Fintech Exam Preparation Challenges

Building compliance programs from scratch
Meeting sponsor bank requirements
Preparing for potential direct regulation
Scaling compliance with rapid growth
Managing multi-state licensing

Examining Agencies

CFPBFDICOCCFederal ReserveDOJ

Exam Frequency

Every 2-3 years or as part of consumer compliance examination

Preparation Steps for Fintech

1
Update fair lending risk assessment
2
Review underwriting and pricing policies
3
Compile exception tracking documentation
4
Gather comparative file analysis results
5
Document complaint monitoring activities
6
Prepare HMDA data integrity evidence
7
Compile fair lending training records

Evidence Examiners Expect

Fair lending policy and procedures
Risk assessment documentation
Underwriting exception analysis
Pricing exception tracking
Comparative file review results
HMDA data quality reports
Fair lending training completion

Related Compliance Areas for Fintech

BSA/AML programConsumer protectionData privacyThird-party risk managementState licensing

Frequently Asked Questions

Transform Fair Lending Exam Preparation for Your Fintech

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