Banks' line employees who are involved in virtually every aspect of loan applications will be scrutinized under the Federal Deposit Insurance Corp.'s revised examination procedures for monitoring compliance with fair housing laws.

This means that far more people than just the manager had better be in line with the bank's compliance program for carrying out the nation's anti-discrimination laws. The new exam procedures, in effect today, are being integrated into the examination field force as quickly as possible.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.