CRA has testified in several class action matters involving the origination or securitization of mortgage loans. These matters involved subprime lending, option ARM loans, reverse mortgages, forced place insurance, joint ventures, discrimination allegations, insurance claims on FHA loans, and residential mortgage backed securities.
Community credit needs assessments—why now?
The CFPB has discarded the statistically based analyses that were key to investigating and uncovering systematic patterns. While institutions may find the...