by Debbie Malzahn | Jan 10, 2022 | blog, Uncategorized
As a mortgage compliance professional, you know your fair lending responsibility as it relates to HMDA; but I want to go beyond and discuss how to use HMDA data for strategic planning. If you are concerned with corporate growth and development, then you know...
by Debbie Malzahn | Dec 20, 2021 | blog, HMDA
HMDA data is both a recurring concern and a useful tool for financial institutions. Banks, credit unions, and independent mortgage companies have to submit HMDA every year or risk the penalties so that all of this data can then be viewable to the public and can paint...
by Debbie Malzahn | Oct 27, 2021 | blog
Here’s an observation worth considering: A low denial rate irrespective of prohibited bases does not in itself ensure that denial disparities by prohibited bases will disappear. In fact, that low denial rate could be a warning that other issues exist, and if the...
by Debbie Malzahn | Oct 20, 2021 | blog
Freddie Mac recently released a study Research Note pdf based on their analysis of appraisal valuations. It’s worth taking a look. The following sentence from the report summarizes the findings: Our preliminary modeling results suggest that even when taking...
by Debbie Malzahn | Oct 11, 2021 | blog
This article will highlight a few recent high profile redlining cases and their settlements. Then, we will explain how fair lending software and consulting can help mortgage lenders evaluate their redlining risk. Our tools are guided by the following settlements...
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