It’s All About Underwriting and Pricing Exceptions

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...

Interesting Facts About the 2019 HMDA Data

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...

Easy Way to Analyze PPP Loans

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 loan designed to...

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.

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...