Fair Lending: Expectations vs. Reality

Inaccurate information held by organizations regarding fair lending risk management can hinder them from successfully managing that risk. Today, we’re looking at five prevalent expectations within the industry and the reality for each. Expectation #1: Written policies...

What the 2019 HMDA Data Tells us About Credit Decisioning

All lenders can recite the 5 C’s of credit backward and forward as easily as reciting the ABCs.  However, not as easy is determining the risk of loss and deciding whether to accept or not to accept the risk.  Lenders must objectively weigh the importance and evaluate...