The claim is being pursued by the Department of Justice and the parties have not reached a settlement.
I like this report because it illustrates how mortgage lenders need to review their lending footprint to prevent this sort of litigation, by providing a visual from the DOJ.
It is my hope that all of you are checking your footprints as well because Mortgage Bankers are being reviewed based on MSA Diversity. Feel free to talk with me privately or post a question for the group about this very old regulation, but very new issue for Mortgage Bankers.
