Archive for October 2023

The CFPB and the Department of Justice have issued a joint statement regarding fair credit opportunities for immigrant borrowers. The statement was issued to assist creditors and borrowers in understanding the potential civil rights implications when considering an individual’s immigration status under the Equal Credit Opportunity Act (ECOA). The statement was issued as a reminder…

Order a peer analysis of lending activity in your marketplace. Every mortgage lender must have an action plan in place to monitor fair and inclusive lending. A peer analysis presents a clear picture of how your organization’s lending activity stacks up against similarly situated lenders who are actively lending in your area. Housing Research, LLC…