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Home » Store » News » Subprime Lenders Need to Step Up FHAct Compliance

Subprime Lenders Need to Step Up FHAct Compliance

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Subprime lenders should brace for the possibility of new fair lending lawsuits as a result of revisions to Regulation C, which implements the Home Mortgage Disclosure Act, industry attorneys warn. “Predatory lending claims may now be transformed into fair lending lawsuits,” said Joseph Lynyak, an attorney in the Washington , DC office of ReedSmith, during a panel discussion at the recent Subprime and Alternative Products Conference sponsored
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