CFPB proposes changes to fair lending enforcement
The CFPB is proposing to remove disparate impact from its enforcement of the Equal Credit Opportunity Act, clarify the prohibition ...
Tag: Fair lending
CFPB proposes to streamline small-business data collection rule
The CFPB is proposing revisions to its small-business lending data rule to scale back the scope of data collection, saying ...
OCC to ease examination, licensing requirements for community banks
The OCC announced several actions to reduce the regulatory burden on community banks by tailoring the frequency and scope of ...
SBA releases compliance form for smaller institutions on debanking order
The Small Business Administration has released a form that smaller financial institutions – those with less than $30 billion in ...
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.”
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 ...
