Tracee Alters

Background

About Tracee Alters

Fair Lending Compliance is essential for all financial institutions. Building strong stakeholder relationships is critical for an effective compliance program, ensuring accurate regulatory reporting in areas like HMDA and CRA credit, while meeting agency expectations and promoting fair lending and fair banking practices. This approach enhances compliance, fosters customer equality, and builds trust. I take pride in advising both commercial and consumer business channels on lending and regulatory guidelines. Additionally, I specialize in training teams on the practical application of Fair Lending laws across various areas, including marketing, origination, customer service, post-closing, and servicing. With a strong focus on ECOA, UDAAP/UDAP, and fair credit regulations, I am dedicated to ensuring these principles are applied in all aspects of lending, account management, and customer service. Hot regulatory topics to follow: Dodd Frank Small Business 1071. Are you ready for this groundbreaking reporting of small business applications? Will change in administration affect new deadlines and regulation requirements? CFPBs annual Fair Lending report to Congress is an excellent opportunity to learn from industry exams and enforcements, and priortize risk management for the year ahead.