Real Estate Transactions, Redlining, Mortgages

How to Minimize Compliance Risk in the Radical New “Modern” Redlining Era

GeoDataVision on 7/25/2024

As any bank professional regulatory compliance professional knows redlining is the hottest issue today and has been since Attorney General Merrick Garland announced the “Combatting Redlining Initiative” in October 2021. Since...more

“Manufactured” Redlining

GeoDataVision on 6/17/2024

In a recent article in National Mortgage Professional entitled "Manufacturing Fair Lending”, former chief of the Housing and Civil Enforcement Section at the Department of Justice under Attorney General William Barr, Paul...more

“Figures don’t lie” but do regulators figure? Simpson’s Paradox says so

GeoDataVision on 6/13/2024

In emails in recent months we've warned bankers about the extremely aggressive enforcement of anti-redlining policies. This is becoming more and more obvious every day as more banks get threatened with referral to the DOJ....more

The Potentially Adverse Fair Lending Implications of the New CRA Rule

GeoDataVision on 2/26/2024

There has been much understandable handwringing about the new CRA and its complexity as well as the high CRA exam failure rate predicted by regulators based on the new assessment areas and the higher performance standards...more

What is a “REMA” and why is it so important?

GeoDataVision on 1/18/2024

As I write this article the Department of Justice is pursuing a record-breaking number of “redlining” cases against banks and mortgage lenders. The “Anti-redlining Initiative” was announced October 22, 2021, by Attorney...more

An Opportune Time For Financial Institutions to Review Their Fair Lending Procedures

Bilzin Sumberg on 10/5/2021

At the beginning of his term, President Biden declared that his administration would make it a policy to eliminate “racial bias and other forms of discrimination in all states of home-buying and renting.”...more