Tag: Fair lending

The CFPB announced the annual threshold adjustments for asset-size exemptions from Regulation C, which implements the Home Mortgage Disclosure Act, ...

The CFPB finalized a rule that applies the Truth in Lending Act’s ability-to-repay requirements and civil liability provisions to residential ...

Joint CFPB, Justice Department exercise found that Black small-business owners "received less favorable treatment" in some aspects of bank financing, ...

Careful consideration of the fair lending risk profiles of the acquiring bank, target bank and combined entity can help both ...

The CFPB proposed an interpretive rule declaring that paycheck advance, including earned wage access, products are consumer loans subject to ...

"We're in some new territory," says Andrea Mitchell. "It's important for CEOs to understand what their compliance officers are seeing ...

It is never too early for banks to assess and take steps to mitigate their risk.

Two dozen House lawmakers called on federal regulators to investigate the nation’s largest credit union following reports of racial disparities ...

Change is the only constant and banks’ processes must be fine-tuned to detect all that happens in a rapidly-transforming regulatory ...

Financial institutions risk violating federal protections against discrimination if they rely on immigration status to determine a consumer’s credit worthiness, ...