Archive

There are not a lot of changes with Fair Lending right now, but the topic is red hot. Both HUD and the Department of Justice have taken recent action, and much more is coming. HUD Settlement Agreement On December 21, 2010 the U.S. Department of Housing and Urban Development (HUD), the Metropolitan St. Louis Equal Housing Opportunity Council (EHOC), and First National Bank of St. Louis entered into an agreement that requires the bank to […]

We hope all of our readers have had a great holiday season. We wish you a happy, healthy and prosperous new year.

The world of lending compliance continues to rock. We are still waiting on the new SAFE Act rules and the major revisions to Regulation Z – HELOCs and closed-end mortgages.