March 18, 2014

NAFCU webcast on fair lending today

March 19, 2014 – Lori Sommerfield, a counselor with BuckleySandler, LLP, is the featured speaker in NAFCU's webcast on federal fair lending laws today at 2 p.m. Eastern.

Sommerfield will go over NCUA's recent guidance as well as the fundamentals of fair lending and how it applies to loan promotions and other aspects of credit union business. She will also discuss recent supervisory developments, enforcement actions and litigation arising during the Obama administration.

Sommerfield has more than 20 years of experience in consumer financial protection law and compliance risk management and focuses her practice in the areas of fair and responsible lending. She regularly assists financial institutions in preparing for compliance examinations from CFPB, NCUA and other regulators. NAFCU Regulatory Compliance Counsel Ricardo Piñeres will moderate the webcast.

The webcast is particularly geared toward chief audit and risk offiers, as well as lending and loan officers, but others such as legal and compliance staff are encouraged to attend too. The webcast will be available on-demand for a year following the broadcast.