(Published May 22, 2020) Regulatory expert Britt Faircloth provides guidance on a temporary amendment to the Fair Credit Reporting Act as part of the CARES Act stipulating new, albeit temporary, reporting requirements for certain consumer credit obligations. This temporary change will likely present financial institutions with some logistical challenges in complying with the requirement.
(Published April 30, 2020) Wolters Kluwer fair lending expert Britt Faircloth focuses on how lenders must keep fair and responsible banking practices in sight—despite the many disruptions and distractions of the current pandemic environment. She outlines best practices across a lender’s entire operations and functional areas and provides insightful guidance on maintaining fairness in these challenging times.