A new Department of Justice strategy is making fair lending enforcement a top priority this year. Already seven mortgage lenders have been targeted for alleged fair lending violations. And the DOJ is indicating that mortgage servicers may be next on the discrimination hit list when it comes to handing out loan modifications and other forms of foreclosure relief.Find out everything you need to know about the latest push for fair lending enforcement in the Guide to Fair Lending Enforcement from Inside Mortgage Finance Publications.Now the DOJ is expanding its crackdown to include potentially fraudulent lending in minority communities, redlining and reverse redlining. Prosecutors are expected to arm themselves with the latest Home Mortgage Disclosure Act information as well as available loan modification data disaggregated by borrower race and ethnicity in pursuing potential fair lending violations.
Order the Guide to Fair Lending Enforcement today and discover…

Department of Justice Perspective

• Overview
• Fair Housing Act and ECOA
• Types of Cases
• Emerging Enforcement Issues
• Signs of Lending Discrimination
• Court Resolution

State Regulator Perspective

• Overview
• Preemption
• Upselling
• Countrywide Financial Lawsuit

Mortgage Industry Perspective

• Overview
• Gauging Compliance
• Observed Enforcement Priorities
• Lender Liability for Broker Conduct
• Monitoring Brokers

Consumer Advocate Perspective

• Overview
• REO Issues
• Loan Modification Issues
• Proper Training
• Best Practices

Disparate Impact Standard

• Definition and Example
• Unintentional Disparate Impact
• Supreme Court Ruling
• Application Via Fair Lending Laws
• Legal Standard and Pricing

You’ll also learn how to defend against HMDA-based fair lending charges, including the total broker fees test and the APR test. And you’ll find out about the latest fair lending trends, including factors considered by the DOJ, examination differences and more.Also included is comprehensive analysis of the latest HMDA data, including the top high-rate lenders, high-rate originations by state, and high-rate racial disparity.Prepare your firm for the new era of fair lending enforcement. Order your report today.