Fair Lending Review Sample Clauses

Fair Lending Review. At the direction of the Agent, the Agent's counsel shall be entitled to conduct a fair lending review of the Collateral at the Borrower's expense at least once each year.
Sample 1
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Fair Lending Review. Prosper will ensure that fair lending compliance and performance is reviewed at least annually. An integral part of the review will be testing for substantive illegal discrimination at each stage of the credit transaction. The compliance reviews (including the fair lending portions) will be submitted to Prosper management. In addition, the Chief Compliance Officer will make recommendations based on the audit results for changes in our program or its execution. TAKING APPLICATIONS Prosper will not make any oral or written statements that would discourage on a prohibited basis, applicants or prospective applicants from pursuing an application. Limitations on information requests · Prosper will not ask about income from alimony, child support, or separate maintenance unless it is disclosed that such income need not be revealed if the applicant does not want it considered in determining creditworthiness. · Xxxxxxx will not inquire about the sex of an applicant. · Questions about the number and ages of the applicant’s dependents, and any dependent-related financial obligations may be asked. Xxxxxxx will not ask about birth control practices, intentions concerning having or rearing children or capability to have children. · Prosper will not ask the applicant’s race, color, religion, or national origin. Permanent residence and immigration status may be asked.
Sample 1
Fair Lending Review. Prosper will ensure that fair lending compliance and performance is reviewed at least annually. An integral part of the review will be testing for substantive illegal discrimination at each stage of the credit transaction. The compliance reviews (including the fair lending portions) will be submitted to Prosper management. In addition, the Chief Compliance Officer will make recommendations based on the audit results for changes in our program or its execution. TAKING APPLICATIONS Prosper will not make any oral or written statements that would discourage on a prohibited basis, applicants or prospective applicants from pursuing an application. Limitations on information requests · Prosper will not ask about income from alimony, child support, or separate maintenance unless it is disclosed that such income need not be revealed if the applicant does not want it considered in determining creditworthiness. · Pxxxxxx will not inquire about the sex of an applicant. · Questions about the number and ages of the applicant’s dependents, and any dependent-related financial obligations may be asked. Pxxxxxx will not ask about birth control practices, intentions concerning having or rearing children or capability to have children. · Prosper will not ask the applicant’s race, color, religion, or national origin. Permanent residence and immigration status may be asked. EVALUATION OF APPLICATIONS · Age will not be considered (provided that the applicant has the capacity to enter into a binding contract) unless the applicant is elderly (62 years or older) and age is a favorable factor. · Prosper will not make assumptions about the likelihood a person will bear or rear children and will, for that reason, receive diminished or interrupted income in the future. Exhibit G Fair Lending Policy · A telephone in the applicant’s residence may be considered, but not whether it is listed in the applicant’s name. · Prosper will not discount or exclude income from consideration because it comes from part-time employment or is an annuity, pension, or other retirement benefit. The amount and probable continuance of any income may be considered. · Where credit history is normally considered, the credit history must be considered, when applicable, of accounts the applicant and the applicant’s spouse are both contractually liable for or both permitted to use. In addition, upon the applicant’s request, any account reported in the name of the applicant’s spouse or former spouse that reflects th...
Sample 1

Related to Fair Lending Review

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  • Response/Compliance with Audit or Inspection Findings A. Grantee must act to ensure its and its Subcontractors’ compliance with all corrections necessary to address any finding of noncompliance with any law, regulation, audit requirement, or generally accepted accounting principle, or any other deficiency identified in any audit, review, or inspection of the Contract and the services and Deliverables provided. Any such correction will be at Grantee’s or its Subcontractor's sole expense. Whether Xxxxxxx's action corrects the noncompliance shall be solely the decision of the System Agency.

  • Utilization Review We review health services to determine whether the services are or were Medically Necessary or experimental or investigational ("Medically Necessary"). This process is called Utilization Review. Utilization Review includes all review activities, whether they take place prior to the service being performed (Preauthorization); when the service is being performed (concurrent); or after the service is performed (retrospective). If You have any questions about the Utilization Review process, please call the number on Your ID card. The toll-free telephone number is available at least 40 hours a week with an after-hours answering machine. All determinations that services are not Medically Necessary will be made by: 1) licensed Physicians; or 2) licensed, certified, registered or credentialed health care professionals who are in the same profession and same or similar specialty as the Provider who typically manages Your medical condition or disease or provides the health care service under review. We do not compensate or provide financial incentives to Our employees or reviewers for determining that services are not Medically Necessary. We have developed guidelines and protocols to assist Us in this process. Specific guidelines and protocols are available for Your review upon request. For more information, call the number on Your ID card or visit Our website at xxx.xxxxxxx.xxx.

  • Midterm Review The Recipient shall:

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