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How banks can self-monitor their lending to comply with the equal credit opportunity act

Author

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  • Peggy D. Dwyer
  • James H. Gilkeson
  • Drew B. Winters

Abstract

The authors provide a step-by-step discussion of how an individual lender in the United States can self-monitor its loan process for compliance with the Equal Credit Opportunity Act and provide an empirical example for illustration. Along the way, they discuss the problems faced by individual lenders who attempt to self-monitor their lending process and conclude with a discussion of the continuing, constructive role for bank examiners and regulators in this endeavor.

Suggested Citation

  • Peggy D. Dwyer & James H. Gilkeson & Drew B. Winters, 2003. "How banks can self-monitor their lending to comply with the equal credit opportunity act," Review, Federal Reserve Bank of St. Louis, vol. 85(Sep), pages 7-22.
    • Handle: RePEc:fip:fedlrv:y:2003:i:sep:p:7-22:n:v.85no.5
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    References listed on IDEAS

    as
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    7. Blackwell, David W & Winters, Drew B, 1997. "Banking Relationships and the Effect of Monitoring on Loan Pricing," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 20(2), pages 275-289, Summer.
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