
Fair Lending Model Validation: Strengthening Your Fair Lending System
Many institutions are using fair lending models tasked with evaluating an organization’s decisioning and pricing relative to the prohibited factors, such as race, gender, religion, age, etc. However, are these models working correctly and doing what they were designed to do? Assuming the answer is yes could be a costly mistake. The most effective way to be sure is with a fair lending model validation. [12/13/16]


