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 ...
Tag: Fair lending
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. ...
CFPB rescinds earned wage access advisory opinion
In an 11th-hour move, the CFPB rescinded an advisory opinion issued under the first Trump Administration that held that a ...
CFPB adjusts exemption thresholds for Reg C, Reg Z
The CFPB announced the annual threshold adjustments for asset-size exemptions from Regulation C, which implements the Home Mortgage Disclosure Act, ...
CFPB finalizes rule to apply TILA requirements to residential clean energy loans
The CFPB finalized a rule that applies the Truth in Lending Act’s ability-to-repay requirements and civil liability provisions to residential ...
CFPB, DOJ: Black small-business owners face more hurdles when seeking financing
Joint CFPB, Justice Department exercise found that Black small-business owners "received less favorable treatment" in some aspects of bank financing, ...
Navigating fair lending risks in bank M&A transactions
Careful consideration of the fair lending risk profiles of the acquiring bank, target bank and combined entity can help both ...
