Here’s a recent situation with a national lender we rarely work with. One of my staff got the following request:
I got an addendum request from [bank] today. The borrower says they have better views then the comps used. Borrower says they don’t have to look at the “less desirable” neighbors, a housing project.
If I agree could I please make the appropriate adjustment.
Has this banker ever heard of Fair Housing? You can’t make this stuff up.