Archive: Loan Modifications
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Jan 27, 2010
No CommentsRecent DOJ Settlements Signal Tougher Fair Lending Enforcement
By Edward Kramer, Executive VP, Regulatory Programs The Department of Justice has placed renewed emphasis on fair lending enforcement. In addition to the two recent DOJ cases involving alleged fair lending violations in the areas of mortgage and auto lending, recent activity of the DOJ is sending a crystal clear message on the direction of...
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Nov 23, 2009
No CommentsThe Top 8 Things to Consider When Modifying Loans
By Donald L. Morrow, Ph.D., Senior Consultant, Econometrician, Wolters Kluwer Financial Services|PCi Loan modification is a complicated process, focus on what is important and find what is measurable. “Where” can be as important as “whom.” Remember to focus on differences in frequency between protected and non-protected classes of key variables such as modifications, re-defaults, and...
