The discrimination issue that banks face with paternal leave is very complex. This package explores the issue of maternity leave discrimination in relation to applications for credit. It includes a review of the typical cure imposed by the regulators, a review of acceptable underwriting guidelines, and the development of appropriate policies and procedures.
Upon review of all materials your staff will understand:
- The prohibition against familial status discrimination;
- The history of consent decrees on this topic;
- Typical cure provisions; and
- Steps to reduce or eliminate the likelihood of Fair Lending violations based on familial status.
Compliance Management Systems provides our products on a specific topic at a lower cost than you can purchase each item individually, saving you time and money. The Paternal Leave Compliance Management System provides a Director/Senior Management Update, Training Manual, Policy Update, Procedures Update, Calculation Form.