A CRA team member has led myriad projects requiring the collection and analysis of large-scale consumer lending portfolio data in matters arising from claims alleging inappropriate residential mortgage origination and servicing practices. These projects, often including the consideration of hundreds of thousands of loans and millions of servicing transactions, assessed the propriety of the loan originations when compared to the disclosed underwriting guidelines, and the conformity of the loan servicing activities to appropriate federal and state requirements.
Data analytics strategies for compliance
The US Department of Justice (DOJ) has been clear about its emphasis on data analytics. The spread of generative artificial intelligence (AI) and machine...