Regulators are clearly concerned about credit scoring models. On the other hand, they also have concerns about credit quality. It’s a fine line, and you need help to walk that line with confidence and ensure that your community bank makes more loans, and makes them more safely.

This manual provides up-to-date guidance, and allows you to make the most of market opportunities and improve credit quality, while you avoid fair lending problems. It helps you make the decision to use credit scoring and provides a model credit scoring policy. You’ll also find clear explanations for implementing the many stages of an effective credit scoring program. All the insights, guidance, and hands-on direction you need are in this easily understood manual:

• Set up an effective credit scoring program
• Improve portfolio quality and target your best prospects
• Understand how to use review cycles and sample sizes
• Use credit scoring successfully as a pre-qualifying tool
• Manage your credit scoring system to reduce compliance and legal risk
• Improve an existing credit scoring system
• Use the worksheets and checklists to test your credit scoring system’s compliance with fair lending requirements and disparate impact issues
• Set up and maintain a regulatory risk management system for your credit scoring program
• Make sure your credit scoring tools are designed to comply with the most current legal and regulatory requirements
• Use the CD with the policy, procedures, and worksheets to easily customize the materials to your bank

You might also be interested in:

• Senior Loan Officer's Desk Reference
• Compliance Guide to Bank Operations

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