Assess whether notices match the actual decisioning reasons (d3d819)

SITUATION In a credit-card issuer changing line-assignment logic, a marketing mailer that skipped majority-minority tracts put CRA assessment-area versus lending footprint in play. HMDA data-quality manager should decide whether notices match the actual decisioning reasons without filling gaps CRA assessment-area versus lending footprint does not contain.

DECISION HMDA data-quality manager in a credit-card issuer changing line-assignment logic must choose Remove access or reverse the item / Temporary compensating control / Approve a documented exception / Hold using CRA assessment-area versus lending footprint after a marketing mailer that skipped majority-minority tracts.

HYPOTHESES TO TEST 1. Authorize Remove access or reverse the item now; CRA assessment-area versus lending footprint already has the discriminator after a marketing mailer that skipped majority-minority tracts. 2. Keep Temporary compensating control in force until CRA assessment-area versus lending footprint is completed after a marketing mailer that skipped majority-minority tracts for HMDA data-quality manager. 3. Treat CRA assessment-area versus lending footprint as Approve a documented exception because both readings appear after a marketing mailer that skipped majority-minority tracts. 4. Refuse a Fair Lending close: HMDA data-quality manager does not have the decision notices match the actual turns on in CRA assessment-area versus lending footprint.

ANALYSIS REQUIRED 1. Flag any disparate-impact table HMDA data-quality manager cannot explain from CRA assessment-area versus lending footprint. 2. Test a documented exception versus a pattern a credit-card issuer changing line-assignment logic must defend. 3. Match the adverse-action language to the facts in CRA assessment-area versus lending footprint. 4. For this Fair Lending Redlining and HMDA Data file, read CRA assessment-area versus lending footprint against a marketing mailer that skipped majority-minority tracts and write the one fact that would move notices match the actual 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 / Redlining and HMDA Data packet (CRA assessment-area versus lending footprint after a marketing mailer that skipped majority-minority tracts). The follow-on Redlining and HMDA Data action is what HMDA data-quality manager does next: implement the option, assign an owner, and log the missing fact.

COMMAND RETURNS - Bottom-line Fair Lending option on notices match the actual, then the evidence in CRA assessment-area versus lending footprint, then the action for HMDA data-quality manager - Hypothesis scorecard against CRA assessment-area versus lending footprint: supported / rejected / untestable - Named option among Remove access or reverse the item, Temporary compensating control, Approve a documented exception and the fact that kills the others - Owner and next date for HMDA data-quality manager in a credit-card issuer changing line-assignment logic