The Trump administration is moving to withdraw Biden-era guidance from the Consumer Financial Protection Bureau and the Justice Department warning financial institutions that relying on immigration ...
The Consumer Financial Protection Bureau has closed all fair lending investigations that were based on statistical reviews of credit patterns and will turn its attention to “debanking” and instances ...
HousingWire recently spoke with Amanda Phillips, ACES Quality Management’s EVP of Compliance, about the current compliance landscape with CFPB updates and how lenders can ensure they’re compliant with ...
The Government Accountability Office (GAO) called on the Federal Housing Finance Agency (FHFA) to provide guidance to Fannie Mae and Freddie Mac regarding fair lending requirements for property ...
There can be no more noble a mission than to create a society where all people are afforded equal treatment, regardless of their background. And yet, more than 200 years after our nation’s founding ...
Despite assurances by the Consumer Financial Protection Bureau that it is serious about cracking down on fair-lending violations, the dearth of CFPB enforcement actions regarding redlining and other ...
“Mirror, mirror, on the wall, who’s the fairest of them all?” Not Blacks, at least not when it comes to housing finance. I know the wicked queen was talking about beauty when she uttered those famous ...
A law meant to correct the harm done by decades of discrimination in bank loans is undergoing a long-awaited overhaul. Fair lending advocates have said it’s too easy for banks to get a passing grade ...
As Black and Latino households face mounting and disproportionate economic pressure from Covid-19, including looming evictions and loan defaults, it’s more critical than ever that the systems we use ...
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