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Discrimination

Answered by: 

Question: 
Are regulators concerned about illegal discrimination during the foreclosure surge?
Answer: 

Yes. The agencies are concerned about disparate treatment in the handling of delinquent borrowers facing possible foreclosure. During the housing crisis that occurred a decade ago, the agencies uncovered numerous incidences where lenders discriminated in the handling of delinquent borrowers.

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Learn more about Jack Holzknecht’s Foreclosure surge and Related Compliance Issues webinar.

First published on 10/03/2021

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