Question: How should we assess for fair lending if we are using mortgage brokers to originate some of our loans?
Question: We have a lot of compliance policies. Some board members have questioned whether we really need all these policies.
Question: Are we facing any discrimination or technical Regulation B problems if we lend through car dealers? What are our risks if the car dealers are discriminating?
If you are hoping that the Department of Justice's interest in fair lending enforcement is fading, you are headed for disappointment.
The most frequently violated compliance requirements involve the Real Estate Settlement Procedures Act (Regulation X), a FDIC list revealed.