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ComplianceApril 22, 2022

Wolters Kluwer Compliance Solutions hosts Special Purpose Credit Program webinar

First of several special-topic regulatory compliance webinars features Wolters Kluwer’s Timothy Burniston, CFPB’s Patrice Ficklin

Wolters Kluwer Compliance SolutionsTimothy Burniston, Senior Advisor, Regulatory Strategy, will lead a question-and-answer session with Patrice Ficklin, Fair Lending Director, Consumer Financial Protection Bureau (CFPB), as part of a webinar, “Special Purpose Credit Programs: Everything You Wanted to Know.” The event, which will take place 2-3:30 pm EDT on Tuesday, April 26th, will also include a panel discussion with Kenneth Scott, Managing Director, Citi, and Pamela Perry, Vice President, Single-Family Equitable Housing, Freddie Mac. The event will be moderated by Anand Raman, Partner, Skadden Arps.

In this two-part session, Patrice Ficklin will provide an overview of these programs and direction on recent interagency guidance. Industry experts will then provide a thorough guide to creating such a special purpose credit program, including how to document a program, what evidence is needed to support it, and under what circumstances the plan should be re-evaluated.  The session will cover existing guidance and a discussion of how special-purpose credit programs can be combined with other efforts to expand lending to historically underserved groups.

The event is the first in a series of “pre-Colloquium” virtual events designed to delve deeply into fair lending issues that are of high interest to lenders, regulators, and fair lending advocates. The 26th annual CRA & Fair Lending Colloquium, hosted by Wolters Kluwer Compliance Solutions, will be held between November 13th and 16th at Caesars Palace, Las Vegas.

Governance, Risk & Compliance is a division of Wolters Kluwer, which provides legal and banking professionals with solutions to help ensure compliance with ever-changing regulatory and legal obligations, manage risk, increase efficiency, and produce better business outcomes.

About Wolters Kluwer

Wolters Kluwer (WKL) is a global leader in professional information, software solutions, and services for the health, tax & accounting, governance, risk & compliance, and legal & regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.

Contacts
Paul Lyon
Paul Lyon

Senior Global Corporate Communications Director: Global Marketing, Communications & Planning

Governance, Risk & Compliance Division
David Feider
David Feider
Corporate Communications Manager, Banking & Regulatory Compliance
Governance, Risk & Compliance Division
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