Model-risk partner for credit scoring must resolve whether the CRA plan

Situation

In a small-business desk using a new vendor score, manufactured-housing dealer overlay notes is the evidence after an underwriter chat that used coded language. Model-risk partner for credit scoring has to pick The CRA plan is strategy or Window dressing for this Fair Lending Pricing and Credit Limits close using manufactured-housing dealer overlay notes.

Decision

Model-risk partner for credit scoring in a small-business desk using a new vendor score must choose The CRA plan is strategy / Window dressing using manufactured-housing dealer overlay notes after an underwriter chat that used coded language.

Hypotheses to test

• Authorize The CRA plan is strategy now; manufactured-housing dealer overlay notes already has the discriminator after an underwriter chat that used coded language.
• Keep Window dressing in force until manufactured-housing dealer overlay notes is completed after an underwriter chat that used coded language for model-risk partner for credit scoring.
• Treat manufactured-housing dealer overlay notes as The CRA plan is strategy because both readings appear after an underwriter chat that used coded language.
• Refuse a Fair Lending close: model-risk partner for credit scoring does not have the page the CRA plan is turns on in manufactured-housing dealer overlay notes.

Analysis required

• Compare manufactured-housing dealer overlay notes to similarly situated files, second-review notes, and reason codes after an underwriter chat that used coded language.
• Flag any disparate-impact table model-risk partner for credit scoring cannot explain from manufactured-housing dealer overlay notes.
• Test a documented exception versus a pattern a small-business desk using a new vendor score must defend.
• For this Fair Lending Pricing and Credit Limits file, read manufactured-housing dealer overlay notes against an underwriter chat that used coded language and write the one fact that would move the CRA plan is for model-risk partner for credit scoring.

Recommendation

Choose The CRA plan is strategy / Window dressing on this Fair Lending / Pricing and Credit Limits packet (manufactured-housing dealer overlay notes after an underwriter chat that used coded language). The follow-on Pricing and Credit Limits action is what model-risk partner for credit scoring does next: implement the option, assign an owner, and log the missing fact.