For a home improvement loan, is the Purpose = Home Equity?
What is exception automation?
Is my bank exempt from the anti-steering requirements (i.e. giving the applicant 3 other loan options) in the LO Comp rules of 1026.36?
Can a fair lending enforcement action occur when no specific victims are identified?
We don't make owner occupied mortgages, but do make business purpose loans for rental properties. Do we need to continue using the Equal Housing Lender logo in advertising?