Assess whether comparative files show second-review bias (ff2f7a)

Situation

Comparative files show second-review sits with CRA strategist because a DOJ or CFPB monitor request for pricing files hit a mortgage company after a pricing-regression spike. Evidence is credit-card limit assignment disparity table; write the Fair Lending CRA and Special-Purpose Programs option that extract can carry.

Decision

CRA strategist in a mortgage company after a pricing-regression spike must choose Remove access or reverse the item / Temporary compensating control / Approve a documented exception / Hold using credit-card limit assignment disparity table after a DOJ or CFPB monitor request for pricing files.

Hypotheses to test

• CRA strategist can defend Remove access or reverse the item from credit-card limit assignment disparity table after a DOJ or CFPB monitor request for pricing files in a Fair Lending challenge.
• CRA strategist cannot defend Remove access or reverse the item from credit-card limit assignment disparity table; Temporary compensating control is what the extract actually supports after a DOJ or CFPB monitor request for pricing files.
• A DOJ or CFPB monitor request for pricing files never reached the population in credit-card limit assignment disparity table — reopen intake, do not close comparative files show second-review.
• Two facts in credit-card limit assignment disparity table after a DOJ or CFPB monitor request for pricing files conflict for CRA strategist; hold this CRA and Special-Purpose Programs file.

Analysis required

• Check HMDA coding and underwriting policy against comparative files show second-review.
• Compare credit-card limit assignment disparity table to similarly situated files, second-review notes, and reason codes after a DOJ or CFPB monitor request for pricing files.
• Flag any disparate-impact table CRA strategist cannot explain from credit-card limit assignment disparity table.
• For this Fair Lending CRA and Special-Purpose Programs file, read credit-card limit assignment disparity table against a DOJ or CFPB monitor request for pricing files and write the one fact that would move comparative files show second-review for CRA strategist.

Recommendation

Choose Remove access or reverse the item / Temporary compensating control / Approve a documented exception / Hold on this Fair Lending / CRA and Special-Purpose Programs packet (credit-card limit assignment disparity table after a DOJ or CFPB monitor request for pricing files). Lead with the Fair Lending option credit-card limit assignment disparity table can support after a DOJ or CFPB monitor request for pricing files, then the two facts that force it, then the Monday action for CRA strategist in a mortgage company after a pricing-regression spike.