Fair-lending officer must resolve whether to pause a product pending

Situation

After a marketing mailer that skipped majority-minority tracts, manufactured-housing dealer overlay notes is what fair-lending officer can touch in a mortgage company after a pricing-regression spike. Fair Lending will live with Remove access or reverse the item versus Temporary compensating control on this Pricing and Credit Limits file.

Decision

Fair-lending officer in a mortgage company after a pricing-regression spike must choose Remove access or reverse the item / Temporary compensating control / Approve a documented exception / Hold using manufactured-housing dealer overlay notes after a marketing mailer that skipped majority-minority tracts.

Hypotheses to test

• Manufactured-housing dealer overlay notes 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.
• Manufactured-housing dealer overlay notes 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 manufactured-housing dealer overlay notes for fair-lending officer in a mortgage company after a pricing-regression spike.
• Manufactured-housing dealer overlay notes is missing the fact fair-lending officer needs after a marketing mailer that skipped majority-minority tracts; stop this Fair Lending close.

Analysis required

• Compare manufactured-housing dealer overlay notes to similarly situated files, second-review notes, and reason codes after a marketing mailer that skipped majority-minority tracts.
• Flag any disparate-impact table fair-lending officer cannot explain from manufactured-housing dealer overlay notes.
• Test a documented exception versus a pattern a mortgage company after a pricing-regression spike must defend.
• For this Fair Lending Pricing and Credit Limits file, read manufactured-housing dealer overlay notes against a marketing mailer that skipped majority-minority tracts and write the one fact that would move to pause a product for fair-lending officer.

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 (manufactured-housing dealer overlay notes after a marketing mailer that skipped majority-minority tracts). Lead with the Fair Lending option manufactured-housing dealer overlay notes can support after a marketing mailer that skipped majority-minority tracts, then the two facts that force it, then the Monday action for fair-lending officer in a mortgage company after a pricing-regression spike.