The Never-ending Sequel to Fair Lending: Fair Servicing

Credit unions continue to help members by modifying loans, lowering fees, allowing skipped payments and offering other options for assistance. The compliance team has written plenty of blogs about these options and associated regulatory considerations. Now it’s time to flag another important concern when it comes to assisting members: fair servicing. This blog about fair servicing is simply a reminder that fair lending standards apply for the entire life of the loan.

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