As a Mortgage Loan Originator or anyone who manages or directs an MLO in the course of business, have you ever heard/said the following or anything similar to one of the following statements:

“I don’t touch loans under a certain amount…why should I, they are just as much work as a larger loan and I don’t make enough to deal with them.”

“Loans under $(x) aren’t worth my time”

“I have a minimum loan amount and I won’t do anything under $(x)”

“I don’t originate mortgage loan in that area”

These statements or mindsets are a direct violation of Fair Lending Laws, specifically under HMDA/Reg C and ECOA and are considered to be Redlining.

As a Bank, Non-Bank Lender, or Broker, Redlining Definitely Applies to You and your Origination Staff!!!

Failure to Properly Train and Develop Staff on This Important Topic Annually Will Cost You in an Audit!!!

If you are looking for a way to align your compliance management plan and origination staff awareness, then you need this course. It’s available now as an online non-bank lender redlining course and is a must have for ALL of your staff as proof that your organization is taking this matter seriously.