The Exam Response Should Concede a Finding

Situation

The exam response should sits with exam-response coordinator because a marketing mailer that skipped majority-minority tracts hit an institution preparing for a redlining exam. Evidence is model-reason-code mapping that does not match notices; write the Fair Lending Pricing and Credit Limits option that extract can carry.

Decision

Exam-response coordinator in an institution preparing for a redlining exam must choose Remove access or reverse the item / Temporary compensating control / Approve a documented exception / Hold using model-reason-code mapping that does not match notices after a marketing mailer that skipped majority-minority tracts.

Hypotheses to test

• Model-reason-code mapping that does not match notices reads as Remove access or reverse the item once a marketing mailer that skipped majority-minority tracts is lined up to the same Fair Lending population.
• Model-reason-code mapping that does not match notices is closer to Temporary compensating control after a marketing mailer that skipped majority-minority tracts; Remove access or reverse the item would over-claim this Pricing and Credit Limits extract.
• Approve a documented exception is still live in model-reason-code mapping that does not match notices for exam-response coordinator in an institution preparing for a redlining exam.
• Model-reason-code mapping that does not match notices is missing the fact exam-response coordinator needs after a marketing mailer that skipped majority-minority tracts; stop this Fair Lending close.

Analysis required

• Match the adverse-action language to the facts in model-reason-code mapping that does not match notices.
• Check HMDA coding and underwriting policy against the exam response should.
• Compare model-reason-code mapping that does not match notices to similarly situated files, second-review notes, and reason codes after a marketing mailer that skipped majority-minority tracts.
• For this Fair Lending Pricing and Credit Limits file, read model-reason-code mapping that does not match notices against a marketing mailer that skipped majority-minority tracts and write the one fact that would move the exam response should for exam-response coordinator.

Recommendation

Choose Remove access or reverse the item / Temporary compensating control / Approve a documented exception / Hold on this Fair Lending / Pricing and Credit Limits packet (model-reason-code mapping that does not match notices after a marketing mailer that skipped majority-minority tracts). Lead with the Fair Lending option model-reason-code mapping that does not match notices can support after a marketing mailer that skipped majority-minority tracts, then the two facts that force it, then the Monday action for exam-response coordinator in an institution preparing for a redlining exam.