In the May–June 2016 issue of ABA Bank Compliance, Vice President David Skanderson published an article entitled “Fair Lending Monitoring: Where to Focus Statistical Analysis.” The article provides a non-technical overview of the main areas in which fair lending statistical analysis is typically applied and the sorts of analyses that can be performed in each area. To read more, click the link below.
COVID-19 crisis – Mortgage forbearance considerations
During the current COVID-19 crisis, many financial institutions have responded by tightening their lending standards while increasing allowable forbearance...