Friday, April 19, 2024 | The Latest Buzz for the Appraisal Industry

8 Red Flags Indicating Fair Lending Risk

Risk management is all about identifying, measuring, monitoring and controlling risk, and fair lending risk is no exception.

Here are eight red flags that may indicate fair lending risk.

1. Discretion or exceptions in the underwriting or pricing process.

Many financial institutions (FIs) pride themselves on their ability to work with consumers and be flexible with unusual circumstances. But that flexibility also needs to be fair. How do lenders decide who gets what interest rate

This post was originally published on this site

Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

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