Loan Think

Compliance experts have long disagreed about how much, if any, discretion loan officers have in pricing loans to consumers. But a recent auto lending case should bring that debate to a close.

Contrary to popular narrative, low interest rates are one of the reasons to be excited about the long-term outlook for housing.

Lenders can mitigate fair lending violations through employing technology and tools that shed light specifically on their blind spots, one major area of focus recently solidified by the Consumer Financial Protection Bureau.

Servicers are taking a much-needed hard look at the full range of customer touch-points that they operate, and NMN's 10th annual Mortgage Servicing Conference promises to offer an engaging agenda of hottest trends and topics.

Contrary to claims of anticompetitive practices, manufactured housing industry leaders want to increase the number of lenders offering financing.

Lenders ready to court millennials as potential clients, and employees, can find common ground more easily than they might assume.

The Consumer Financial Protection Bureau should provide independent mortgage lenders with clear guidance on how to comply with rules and confirm that good-faith compliance with the bureau's directives will not result in enforcement actions and financial penalties

The technology giant and the federal government both have vested interests in protecting customer and proprietary information. Making concessions for any will set a dangerous precedent to make concessions for all.

Meaningful rules encouraging Fannie and Freddie to do more with manufactured housing would allow more lenders into the market and make pricing more competitive.

With the stakes so high for compliance officers, their rights and responsibilities should be clearly defined, including a safe harbor for those who play by the rules.