This article provides an overview of key considerations in evaluating credit scoring models for fair lending risk, including the main fair lending considerations under the Equal Credit Opportunity Act that apply to credit scoring models, and common fair lending risk issues and testing considerations related to scoring models. Click below to read the article.
Puerto Rico may see higher utility rates after 1st Circ. ruling
Puerto Rico’s Financial Oversight and Management Board (FOMB) said it intends to introduce changes to the plan of adjustment to allow for payments to PREPA...