OCC releases guidance on preventing debanking
The OCC issued two bulletins for financial institutions “to eliminate politicized or unlawful debanking in the federal banking system.”
Tag: Fair lending
FDIC removes disparate impact from exam manual
The FDIC announced it had removed all references to disparate impact from its Consumer Compliance Examination Manual.
OCC removes disparate impact from bank examinations
The OCC has removed references to disparate impact liability in its documentation and directed examiners to no longer look for ...
ABA urges HUD to rescind disparate-impact rule
ABA urged HUD to rescind its 2023 disparate-impact rule and replace it with one that more closely aligns with the ...
ABA report: Justice Department’s redlining enforcement likely unconstitutional
In recent years, the Department of Justice has targeted banks for alleged racial redlining for conduct that does not constitute ...
CFPB rescinds dozens of guidance documents
The CFPB announced it is rescinding dozens of guidance documents on topics such as fair lending, overdraft fees, disclosure policies ...
Executive order calls for removal of disparate-impact liability
The EO directs federal agencies to “deprioritize enforcement” of statutes and regulations that include disparate-impact liability. It also instructs the ...
CFPB vacates settlement against lender over alleged redlining
The CFPB announced it will vacate an existing settlement with the Chicago-based lender Townstone Financial over alleged redlining.
Fair servicing in focus
Navigating regulatory expectations and managing fair lending risks.
ABA Regulatory Policy and Compliance Inbox: When is what may seem to be an overdraft … not?
Determining if a bank's payment of a check is an extension of credit. Plus questions on Reg. X and Reg. ...
