In the May–June 2016 issue of ABA Bank Compliance, Vice President David Skanderson published an article entitled “Fair Lending Monitoring: Where to Focus Statistical Analysis.” The article provides a non-technical overview of the main areas in which fair lending statistical analysis is typically applied and the sorts of analyses that can be performed in each area. To read more, click the link below.
What is disparate impact testing?
Disparate impact testing requires quantitatively testing models for fairness with respect to classes of borrowers protected under the Equal Credit Opportunity...