The Office of the Comptroller of the Currency (OCC) announced Monday that it will no longer enforce disparate impact analysis in fair lending risk assessments, following a directive from the White House issued three months ago. “Consistent with EO 14281, the OCC supervisory process for fair lending compliance no longer includes examining for disparate impact […]
OCC drops disparate impact enforcement Read More »
Informative Research, a provider of credit and verification solutions to the mortgage lending community, announced on Monday the availability of Halcyon’s IRS tax transcript service within Informative Research‘s verification platform. The enhancement expands Informative Research’s suite of income verification and employment verification options, enabling lenders to access secure, permissioned tax transcript data directly from the
Informative Research integrates Halcyon into verification platform Read More »
Today’s movement in mortgage rates, in and of itself, is barely worth mentioning. The average lender remains close enough to Friday’s levels but is technically just a hair higher. That fact is offset by the counterpoint that most of the past two months saw higher rates. The future is far more interesting than the present–specifically,
Mortgage Rates Just a Hair Higher Ahead of Important Inflation Report Read More »