Assess whether a redlining pattern exists after controls (ae5d9d)

Situation

After a board asking if the bank should settle a matched-pair study, mortgage pricing residual by prohibited-basis group is what HMDA data-quality manager can touch in a small-business desk using a new vendor score. Fair Lending will live with Remove access or reverse the item versus Temporary compensating control on this Examination and Notices file.

Decision

HMDA data-quality manager in a small-business desk using a new vendor score must choose Remove access or reverse the item / Temporary compensating control / Approve a documented exception / Hold using mortgage pricing residual by prohibited-basis group after a board asking if the bank should settle a matched-pair study.

Hypotheses to test

• Authorize Remove access or reverse the item now; mortgage pricing residual by prohibited-basis group already has the discriminator after a board asking if the bank should settle a matched-pair study.
• Keep Temporary compensating control in force until mortgage pricing residual by prohibited-basis group is completed after a board asking if the bank should settle a matched-pair study for HMDA data-quality manager.
• Treat mortgage pricing residual by prohibited-basis group as Approve a documented exception because both readings appear after a board asking if the bank should settle a matched-pair study.
• Refuse a Fair Lending close: HMDA data-quality manager does not have the page a redlining pattern exists turns on in mortgage pricing residual by prohibited-basis group.

Analysis required

• Test a documented exception versus a pattern a small-business desk using a new vendor score must defend.
• Match the adverse-action language to the facts in mortgage pricing residual by prohibited-basis group.
• Check HMDA coding and underwriting policy against a redlining pattern exists.
• For this Fair Lending Examination and Notices file, read mortgage pricing residual by prohibited-basis group against a board asking if the bank should settle a matched-pair study and write the one fact that would move a redlining pattern exists for HMDA data-quality manager.

Recommendation

Choose Remove access or reverse the item / Temporary compensating control / Approve a documented exception / Hold on this Fair Lending / Examination and Notices packet (mortgage pricing residual by prohibited-basis group after a board asking if the bank should settle a matched-pair study). Lead with the Fair Lending option mortgage pricing residual by prohibited-basis group can support after a board asking if the bank should settle a matched-pair study, then the two facts that force it, then the Monday action for HMDA data-quality manager in a small-business desk using a new vendor score.