Blowing the Whistle

Source: Scotsman Guide — 

As a nearly $9 million settlement between federal regulators and Trustmark National Bank makes painfully evident, few things present more unwelcome press for mortgage bankers and servicers than accusations of redlining or discrimination. Despite the inherent and omnipresent risks associated with discriminatory lending practices, the mortgage industry’s management of these risks too often ebbs and flows with the fickle tides of politics in the nation’s capital.