Managing a compliance program for fair lending has always been difficult because so much of fair lending turns on the fact situation and how it is viewed.
As more and more banks develop a home page on the internet, they are finding that there are some interesting compliance aspects of banking in cyberspace.
At a recent meeting of the Washington, D.C.
ACLU has filed a private lawsuit under the fair lending laws against a mortgage banker based in Mt. Laurel, New Jersey.