Anti-Predatory Lending Policy Manual

Fair Lending is a topic that requires continued attention in the mortgage industry. Many state laws are being enacted for mortgage organizations to prove tangible net benefits to the borrower. As a normal course of business, lenders should have a plan in place, and adhere to Fair Lending Laws and their own internal policies.


Need to get your plan in place? AllRegs can help. Our Anti-Predatory Lending Policy Manual (covering Ability to Repay (ATR) requirements of Dodd-Frank, Fair Lending/Net Tangible Benefits, and guidance for agency compliance) will address these laws, and now you can take our plan and run with it. This plan is ready for implementation in your organization and could be utilized to support your company's needs with regard to having a fair lending plan.

This document may support meeting your Fair Lending policy requirements as well as for the following regulations: the Equal Credit Opportunity Act (ECOA), Fair Housing Act (FHAct), Fair Credit Reporting Act (FCRA), Home Owners Equity Protection Act (HOEPA), Flood Disclosure Act, Home Mortgage Disclosure Act (HMDA), Real Estate Settlement Procedures Act (RESPA), Truth in Lending Act (TIL) and the Fair and Accurate Transactions Act (FACTA). It also includes checklists for monitoring and assessment.

The Anti-Predatory Lending Policy Manual is a pre-written, complete AllRegs Policy Manual. Order yours today!

The following agencies, federal offices, and entities require implementation of this policy manual:

  • Consumer Financial Protection Bureau
  • Fannie Mae
  • Freddie Mac
  • HUD
  • USDA
  • Ginnie Mae


The Anti-Predatory Lending Policy Manual is considered to be a core element of a company's operational business plan and applies to all residential mortgage transactions and the full scope of products, property types, and geographic locations. The policy impacts all employees on an interdepartmental level and is strictly enforced on both retail and third-party origination business platforms and all service delivery channels including, but not limited to, in-person applications, telephone applications, web-based applications, and mail applications.

This manual features the following benefits:

  • Complete AllRegs' Anti-Predatory Lending Policy Manual, saving you development time and resources
  • This policy is delivered via email within one business day after purchase
  • Complete sections on a Borrower's Ability to Pay and Net Tangible Benefit
  • Includes checklists for approved loans, and borrowers with non-approved loans
  • Supports training and monitoring to help ensure policy effectiveness
  • Meet your regulatory or internal compliance requirements
  • Affordable one-time purchase fees

Optional Services

Maintenance: Receive regular and ongoing industry updates to keep your policy within regulatory requirements.

Publishing: Publish your manual, including your company procedures, in AllRegs Online to complete your policy manual solution.

Contact your account manager for information regarding these optional services!

Policy Manual
Anti-Predatory Lending
Section Title Priority Action
1.1 Goals and Objectives Mandatory Review Include the point of view or culture of your organization in this section, if applicable.
1.2 Required Review Mandatory Review Be sure this accurately reflects your company’s annual policy review process.
2.1 Internal Controls Mandatory Review Include or reference related procedures in this section.
3 Staff and Training Mandatory Review Include the means by which your organization provides and tracks required training.Include the means by which your organization provides and tracks required training.
4 Commitment to Responsible Lending Recommended Best Practice Modify this section to include the point of view or culture of your organization with respect to fair and responsible lending.
4.3 Credit Scoring Models Optional Enhancement This section contains requirements for the periodic review of models and scorecards related to risk-based pricing. Lenders not engaged in risk-based pricing may want to amend or delete this requirement.
5 Borrower Ability to Repay (ATR) Mandatory Review Ensure this accurately reflects your organization’s implementation of ATR.
6 Tangible Net Benefit Mandatory Review Include the process used in your organization when determining if a transaction provides a benefit to the borrower.
7 Underwriting and Service Standards Mandatory Review This section addresses underwriting and disposition as it relates to ECOA and should align with your consumer complaint policy.
7.4 Withdrawn Applicants Recommended Best Practice Confirm this aligns with your process when issuing a Notice of Action Taken in response to an applicant withdraw request.
8 Agency and Regulatory Requirements Optional Enhancement Consider any additional requirements required of your organization by the agencies.