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Volume 20 - Number 13

June 22, 2009

Regulators Continue to Focus on Pricing Disparities, Experts Say

Industry attorneys are cautioning lenders not to let their guard down on discretionary pricing and to be always prepared to explain pricing disparities across borrower groups when confronted by regulators. A recent fair lending settlement between the Federal Deposit Insurance Corp. and the Maryland-chartered First Mariner Bank proves that discretionary pricing is still being closely...

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