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Home » Store » Taxable » DOJ Probe of Pricing Data Causes Concern

DOJ Probe of Pricing Data Causes Concern

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The ongoing Department of Justice probe of potentially discriminatory loan pricing disparities at a number of banks is causing great concern among mortgage lenders, but compliance experts agree there is only one way to respond to the inquiry: Come prepared. Shortly before Thanksgiving, an undetermined number of mortgage lenders received notice from the DOJ to submit loan documents related to their 2004 Home Mortgage Disclosure Act results, and to mortgages originated as far back…
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