The Department of Housing and Urban Development has licensed PCi Corp. of Boston, a provider of compliance risk-management systems, to assist HUD in identifying market segments with higher risk of exposure to fair-lending violations and predatory lending practices.PCi said HUD will use its Fair Lending Wiz "to investigate discrimination complaints about lenders by performing in-depth comparative file review and regression analysis to assess lenders’ performance" in fair-lending compliance. HUD plans to roll out Fair Lending Wiz in the second quarter after training staff in Washington and its field investigators in regional offices nationwide.
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