FHFA Announces Update for Services to Maintain Fair Lending Data

The Federal Housing Finance Agency on Wednesday announced Fannie Mae and Freddie Mac will require servicers to obtain and maintain fair lending data on their loans, and for this data to transfer with servicing throughout the mortgage term.

Managing Fair Lending for IMBs

NASHVILLE, Tenn.—Independent mortgage banks know full well the importance of risk, whether it’s developing business strategies—or preparing for Fair Lending examinations.