Underwriting Analysis for Fair Lending Using Logistic Regression: Odds Ratio vs. Marginal Effects
When conducting fair lending regression analysis of underwriting, we are examining a sample of loan...
Posts about Fair Lending (12)
To Be Successful in Fair Lending, Lenders Must Discriminate
Several years ago, I began a conference presentation by making the statement: “To be successful at...
Manage Customer Service Perceptions to Lower Fair Lending Risk
In a previous post, we addressed the importance of customer service as a component of managing fair...
Handling Missing Data in Fair Lending Regression Analysis
Missing data is a common problem in econometric analysis in general and fair lending analysis...
Improve Customer Service to Lower Fair Lending Risk
A formal complaint filed against a financial institution with a regulatory agency often results in...
Understanding the 3 Types of Fair Lending Discrimination
Fair lending laws and regulations are broad and cover every phase of the lending transaction. This...
Modeling Rate Sheet Variables for Fair Lending Regression Analysis
Most financial institutions have rate sheets that provide pricing guidance for various loan...
Five Basic Tips for Managing Fair Lending Compliance
Fair lending compliance remains treacherous waters for financial institutions. The advent of...
The Consequences of Using Proxies For Fair Lending Regression Analysis
In a whitepaper entitled “BISG Methodology and Its Impact on Regression Analysis,” we study the use...
Detecting Discrimination in Fair Lending Analysis Using Proxies
The use of proxy methods in fair lending analysis – and in particular fair lending enforcement...