by Dana Ginsburg | Oct 14, 2020 | blog
One key component to any fair lending monitoring program is robust monitoring of underwriting and pricing exceptions. The Interagency Fair Lending Examinations Procedures indicate that institutions face increased fair lending risk if internal policies are vague with...
by Dana Ginsburg | Jul 14, 2020 | blog
The CFPB released the final 2019 National Snapshot HMDA data about three months earlier than last year, and ComplianceTech has refreshed LendingPatterns™ with the latest data. An initial review of the data reveals the following interesting facts. There were a total...
by Dana Ginsburg | May 14, 2020 | blog
We have been fielding interesting questions from our Fair Lending Magic™ subscribers who are preparing information for monthly CRA and fair lending committees about SBA loans in the pipeline. As we all know, the SBA Paycheck Protection Program is a...
by Dana Ginsburg | May 1, 2020 | blog
I have been fielding questions from several housing groups who are trying to understand the implications of the current situation on their local area. As we all know, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into law on March 27,...
by Dana Ginsburg | Apr 23, 2020 | News
MCLEAN, Va. (PRWEB) April 23, 2020 ComplianceTech, McLean, VA, today announces the refresh of the Home Mortgage Disclosure Act (HMDA) data in LendingPatterns™ to include the 2019 data as published by the CFPB on April 1, 2020. Using the 2019 HMDA data from every...
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