Canarie AI

Exam Preparation

Fair Lending Exam Preparation for Licensed Fintechs

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 licensed fintechs.

More for Licensed Fintechs

Licensed Fintechs Exam Preparation Challenges

Managing licenses across 50+ jurisdictions
Tracking state-specific requirements
License renewal management
State examiner relationships
Scaling to new states efficiently

Examining Agencies

CFPBFDICOCCFederal ReserveDOJ

Exam Frequency

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

Preparation Steps for Licensed Fintechs

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 Licensed Fintechs

State licensing and renewalBSA/AML programConsumer protectionState-specific disclosure requirementsExamination management

Frequently Asked Questions

Transform Fair Lending Exam Preparation for Your Licensed Fintech

See how licensed fintechs prepare for examinations in days, not weeks.