Fair Lending School
Module 3: Compliance Management System
Your Compliance Management System (CMS) is the foundation of your institution’s entire compliance program. Everything compliance-related that you do ties back to your CMS, and the strength or weakness of your CMS determines your compliance rating during an examination. We will cover the CMS components in more detail. Do not overlook the importance of the information we cover because we will be revisiting your CMS during nearly every fair lending risk we cover.
Manual -
Pages 25-42
Make sure you read through the manual and review the CMS checklist we have provided near the end of the module. We present several questions you should consider when building a strong and successful CMS.