Fair Lending: The Importance of Peer Market Analysis

QuestSoft hosted a free webinar on March 5, 2020, which discussed how you can utilize peer data to better understand your fair lending risk. 

Understanding fair lending risk needs to include an assessment of credit within individual lending markets. Understanding how your performance compares demographics and your peers is critical to identifying risk and preparing for a regulatory examination.

Regulators use different metrics when comparing your performance to peers, focusing on lenders with 50-200% of your lending activity. It is important that you review this group to identify actual peer lenders – identifying differences in physical presence and product offerings. This webinar will provide an overview of key factors to consider in conducting peer analysis and how competitive assessments can identify new opportunities.

During this webinar, we will discuss:

  • Key metrics examiners use in peer analysis
  • Ways to utilize peer data in managing risk and identifying credit needs
  • How demographics are used in analyzing performance
  • Methods for communicating results to your management team
  • And more!

Recommended for: Executive Management, Operations Management, Fair Lending, Compliance and Audit Professionals.

   Download Materials
  • Presentation Slides [PDF]
  • Webinar Recording

This webinar recording is only available for current customers. Please reach out to webinars@questsoft.com to request the recording.


Loretta Kirkwood

Loretta Kirkwood
Vice President, Compliance, QuestSoft Corporation

Loretta is a regulatory compliance and risk management executive with over thirty years of experience in the financial services industry. Her most significant area of focus is fair and responsible lending risk management, including compliance management system and program development, qualitative and quantitative risk assessments, data quality management, process mapping, and staff training.




Leonard Ryan
President, QuestSoft Corporation

Leonard has been associated with the mortgage industry for over 30 years, and is the founder of QuestSoft. He is a member of both MBA HMDA and NMLS Mortgage Call Report working groups, and is nationally recognized as a HMDA expert in automated compliance systems and methodology.