Fair Lending and CRA Services

Financial Institutions | Forensic & Litigation Consulting

October 13, 2015

Financial institutions, mortgage lenders, and other non-bank financial lenders are under unprecedented scrutiny by the Consumer Financial Protection Bureau (CFPB), as well as bank and state regulators, community groups and the U.S. Department of Justice, to maintain the highest standards and consistency and fairness in lending. The CFPB has focused on the disparate impact in multiple lending markets, and class action lawsuits have been on the rise. To avoid potentially severe sanctions, banks and non-bank creditors should proactively design robust non-discriminatory compliance lending programs. FTI Consulting offers the governance, investigative and regulatory expertise to implement such programs and to respond to regulatory inquiries, exams, enforcement actions and lawsuits.

Who We Are
As a leading independent consulting firm free of conflicts, FTI Consulting is often the preferred provider of critical services to financial institutions globally. Our Bank Governance and Regulation practice consists of a team of experienced professionals, including former senior managers at bank regulatory agencies and financial institutions, who have the expertise and experience to help clients effectively resolve Fair Lending and CRA issues, and provide value-added services in the process. Our financial professionals are experienced bankers; CPAs, attorneys, economists, forensic specialists and other financial professionals with expertise in governance, compliance, enterprise risk management, financial and operational risk, data analytics and information technology. Our team includes former staff members of the Federal Reserve Board, and the Office of Comptroller of the Currency, FDIC, FHFA, SEC, Department of Justice, and States Attorney Generals.

Meeting the Challenges
We help our clients balance and meet their lending-related regulatory challenges by focusing on the core elements of the lending and credit administration processes. We deliver services that identify weaknesses, provide actionable recommendations, and inform decision-makers. Our services fall into the following categories:

  • Governance, Risk and Compliance
  • Assessment and Analysis
  • Technology
  • Training

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