Credit scoring systems are becoming increasingly popular among lenders, particularly as lenders are pressured to make fair and consistent decisions.
The bank regulatory agencies have issued final rules on suspicious activity reporting. The rules take effect on April 1, 1996, and that's no joke!
Question: Our construction lenders often make loans to consumers to purchase a lot and take security in the lot.
The Department of Justice never seems to sleep. Its attorneys are even now developing cases that will test new legal theories under the fair lending laws.
Not yet, but soon. The new policy on exemptions won't be issued until the suspicious activity report process is final.