Assess whether notices match the actual decisioning reasons (398fbe)

SITUATION In a credit union rolling out a special-purpose credit program, geographic application and origination heat map is the evidence after a DOJ or CFPB monitor request for pricing files. Second-review underwriter has to pick Remove access or reverse the item or Temporary compensating control for this Fair Lending Examination and Notices close using geographic application and origination heat map.

DECISION Second-review underwriter in a credit union rolling out a special-purpose credit program must choose Remove access or reverse the item / Temporary compensating control / Approve a documented exception / Hold using geographic application and origination heat map after a DOJ or CFPB monitor request for pricing files.

HYPOTHESES TO TEST 1. Second-review underwriter can defend Remove access or reverse the item from geographic application and origination heat map after a DOJ or CFPB monitor request for pricing files in a Fair Lending challenge. 2. Second-review underwriter cannot defend Remove access or reverse the item from geographic application and origination heat map; Temporary compensating control is what the extract actually supports after a DOJ or CFPB monitor request for pricing files. 3. A DOJ or CFPB monitor request for pricing files never reached the population in geographic application and origination heat map — reopen intake, do not close notices match the actual. 4. Two facts in geographic application and origination heat map after a DOJ or CFPB monitor request for pricing files conflict for second-review underwriter; hold this Examination and Notices file.

ANALYSIS REQUIRED 1. Match the adverse-action language to the facts in geographic application and origination heat map. 2. Check HMDA coding and underwriting policy against notices match the actual. 3. Compare geographic application and origination heat map to similarly situated files, second-review notes, and reason codes after a DOJ or CFPB monitor request for pricing files. 4. For this Fair Lending Examination and Notices file, read geographic application and origination heat map against a DOJ or CFPB monitor request for pricing files and write the one fact that would move notices match the actual for second-review underwriter.

RECOMMENDATION Choose Remove access or reverse the item / Temporary compensating control / Approve a documented exception / Hold on this Fair Lending / Examination and Notices packet (geographic application and origination heat map after a DOJ or CFPB monitor request for pricing files). If geographic application and origination heat map cannot force a Fair Lending label under Examination and Notices, stop. Do not invent missing evidence a credit union rolling out a special-purpose credit program does not have.