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Tag Archives: Equal Credit Opportunity Act

Wells Fargo exiting correspondent mortgage lending business

By Matt Carter | January 11, 2023 - 2:06 pm |January 11, 2023 Uncategorized

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Executives hope to reduce risk by reducing the size and narrowing the focus of bank’s mortgage business to better serve retail customers and minority communities. Continue reading →

Tagged correspondent lending, correspondent mortgage lending, Equal Credit Opportunity Act, Fair Housing Act, fair lending, Kleber Santos, Kristy Fercho, mortgage, Select, Wells Fargo

Nationwide appraisal ethics rule changes postponed until 2024

By Andrea V. Brambila | August 19, 2022 - 2:06 pm |August 19, 2022 Uncategorized

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The Appraisal Foundation’s Appraisal Standards Board says it needs more time to assess proposed changes designed to close the door to discrimination. Continue reading →

Tagged appraisal, appraisal ethics rule, appraisal foundation, appraisal standards board, asb, dave bunton, disparate impact, disparate treatment, ecoa, Equal Credit Opportunity Act, fair housing, Fair Housing Act, Markets & Economy, MLS & Associations, mortgage, Select, uspap

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