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Prepared Remarks of CFPB Director Richard Cordray at the Credit Union National Association
The CFPB noted the importance of HMDA during the general session of the CUNA GAC 2016 Conference in Washington, DC. The text of the speech can be downloaded from this site. This statement is worth noting in the text of the speech: “HMDA is meant to give the public and policymakers information about how lenders are…
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LendingPatterns.com utilized for HMDA Infographic
Click here to see the Credit Union Times infographic based on HMDA data in www.LendingPatterns.com.
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ComplianceTech Announces Fair Lending Magic™ 4.0 a New Version of its Leading Automated Monitoring Tool for Analyzing Fair Lending Compliance
ComplianceTech, McLean, VA, announced today a new version of its leading automated monitoring tool for analyzing fair lending compliance. Fair Lending Magic™ 4.0 is a complete online fair lending solution used to effectively monitor a broad variety of potential fair lending risks including redlining, reverse redlining, steering, disparate treatment, and disparate impact. Read more here.
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African-American Disparities in Lending: A Complex Problem for FHFA Enterprises, and Lenders Article by Maurice Jourdain-Earl
Maurice Jourdain-Earl, Managing Director of ComplianceTech has published an article describing African-American Disparities in Lending, A Complex Problem for FHFA Enterprises, and Lenders. You can access the study by click the link below. Download the article