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
Let’s get real for a moment. When that email from an AMC hits your inbox, asking for your best fee and quickest turnaround, do you
By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD).
The Dawn of a New Appraisal Era In the ever-evolving realm of technology, few innovations have garnered as much attention and promise as blockchain. Originally
This article is featured in the 2023 edition of the Appraisal Buzz Magazine. Some other features we have in our magazine include funny Buzztoon comics,
