Volume 14 - Number 5
March 12, 2010
Wholesale Lenders Need to Pay Attention To Fair Lending Risks in Broker Pricing
The Department of Justice’s recent fair lending settlement with two subsidiaries of American International Group has put mortgage lenders on notice that pricing disparities, particularly on wholesale mortgages, are back on the government’s radar. In announcing the settlement March 4, the DOJ emphasized that it is the first time the department has held a...
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