by Debbie Malzahn | Jun 14, 2023 | blog
The Consumer Financial Protection Bureau (CFPB) recently introduced a new rule regulating small business lending practices. The rule addresses concerns over predatory lending and ensures that small businesses have access to fair and transparent financing options. This...
by Debbie Malzahn | May 22, 2023 | blog
Since the release of a Freddie Mac study in September 2021, numerous articles and studies have further explored the issue of appraisal disparities. These reports and articles highlighted significant gaps in property valuations by tract majority race and applicant...
by Debbie Malzahn | Feb 16, 2023 | blog
Compliance with the Community Reinvestment Act (CRA) is essential for financial institutions that want to remain in good standing with regulators and the communities they serve. The CRA requires banks and other lenders to meet the credit needs of the communities in...
by Debbie Malzahn | Jul 27, 2022 | 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...
by Debbie Malzahn | Jan 10, 2022 | blog, Uncategorized
As a mortgage compliance professional, you know your fair lending responsibility related 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 this is more...
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