Home / Fair Lending

Fair Lending

What’s the Point of Fair Lending Monitoring?

In my experience, there are more lenders who do little to nothing to monitor fair lending than those who actively manage it. Those that do less tend to be independent mortgage companies rather than depository institutions. I believe there are several reasons for this outcome: A) Culture and Traditions: Prior …

Read More »

Managing Resources in Fair Lending

Lenders are often faced with questions: What resources do I need to manage fair lending? How much should I budget? The human, technological, and monetary resources needed to manage fair lending risk vary by a lender’s size and scope of operations. The fair lending resources demanded are a function of …

Read More »