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MBA Wants False Claims Act Out of Lending Now

Jul 19, 2017 by

The False Claims Act goes back to the 1800’s and it’s a key factor in beating money our of lenders on defaulted FHA loans.  It’s truly an unfair way of fining mortgage banks.

The post MBA Wants False Claims Act Out of Lending Now appeared first on National Real Estate Post.

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CFPB Going After Fair Lending Violations with Guns Loaded

Apr 25, 2017 by

You’d better make sure your HMDA data looks fair across the boards as the CFPB is putting their focus on Fair Lending violations next.

The post CFPB Going After Fair Lending Violations with Guns Loaded appeared first on National Real Estate Post.

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Are We Getting Closer to Full Automation in Lending?

Dec 17, 2016 by

Fannie Mae has rolled out some new automation on their DU platform which leads us to ask “are we getting closer to full automation in lending?”  What are your thoughts below?

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