All lenders wonder what the other companies are doing, and thanks to a Hot off the Presses Survey, you can find out what is happening in Pricing Discretion.
Our great friend David Skanderson, in partnership with Mike McAuley and Joe Garrett have just published a Survey Of Mortgage Industry Practices- Managing the Fair Lending Risk of Pricing Discretion.
WOW!! Very insightful and we hope that everyone takes a few moments to read it. It’s a great synopsis of where lenders are, and some suggestions about where lenders may want to head to stay compliant.
No C-Suite, Manager or Compliance Person should pass on the great information in this survey. So if they are not on the discussion group, send it to them!
I Hope you enjoy it as much as I did!