http://www.a86.co.uk/ethics-and-mortgage-lending-what-do-you-think-is-important/ This is A86 Raw and Clear Sat, 24 Apr 2010 20:05:49 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.a86.co.uk/ethics-and-mortgage-lending-what-do-you-think-is-important/comment-page-1/#comment-431 Carley Littlewood Fri, 07 Apr 2006 02:57:54 +0000 http://www.a86.co.uk/ethics-and-mortgage-lending-what-do-you-think-is-important/#comment-431 They are obliged by morality to treat each case individually. Quite often, due to the rigid evaluation process of credit worthiness of the borrower, many good people are rejected. They may have full intention, and a strong sense of commitment, when they go to a bank to borrow for their home but quite often they are left out in the cold. No consideration is given to them simply because they may fail to meet one or two simple and minor requirements. The lenders have that ethical obligation to re-evaluate such hardship cases and make exceptions. This can only happen when they apply the human touch to lending practise instead of behaving like robots, who are too quick to cover their butt, rather than help build communities. They are obliged by morality to treat each case individually. Quite often, due to the rigid evaluation process of credit worthiness of the borrower, many good people are rejected. They may have full intention, and a strong sense of commitment, when they go to a bank to borrow for their home but quite often they are left out in the cold. No consideration is given to them simply because they may fail to meet one or two simple and minor requirements. The lenders have that ethical obligation to re-evaluate such hardship cases and make exceptions. This can only happen when they apply the human touch to lending practise instead of behaving like robots, who are too quick to cover their butt, rather than help build communities.

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