When Must Banks Refund Mortgage Escrow Surplus?
Questions and answers from the May/June 2021 ABA Regulatory Policy and Compliance Inbox.
Tag: ECOA
CFPB: Fair Lending Critical to Pandemic Response, Reducing Racial Inequities
The Consumer Financial Protection’s fair lending work “is and will continue to be a critical component of the bureau and ...
CFPB: Discrimination Based on Gender Identity, Sexual Orientation Illegal Under ECOA
The Consumer Financial Protection Bureau today issued an interpretive rule clarifying that the prohibition against sex discrimination as part of ...
Your Fair and Responsible Banking Program in 2021 and Beyond
Building a robust fair lending program and demonstrating compliance is not easy, but merely avoiding unlawful credit discrimination doesn’t need ...
CFPB Issues Statement on Serving Consumers with Limited English Proficiency
The Consumer Financial Protection Bureau today issued a statement encouraging financial institutions to expand access to financial products and services ...
CFPB Provides ABA-Advocated ECOA Guidance
The Consumer Financial Protection Bureau today issued guidance on Regulation B—which implements the Equal Credit Opportunity Act—as it applies to ...
ABA Pushes for Guidance from CFPB on Innovation, Credit Access
In a comment letter to the CFPB filed late Tuesday, ABA offered feedback on ways to prevent credit discrimination under ...
CFPB Seeks Input on Preventing Credit Discrimination
The Consumer Financial Protection Bureau today issued a request for information seeking on ways to create a regulatory environment that ...
CFPB Compliance Aid Clarifies ECOA Notification Obligations for PPP Loans
The Consumer Financial Protection Bureau today published a compliance aid to provide additional clarity regarding banks’ obligations under the Equal ...
The Big Brain in the Black Box
AI, machine learning and alternative data are helping banks and nonbanks alike make faster decisions and expand access to credit. ...
SPONSORED CONTENT
