ABA, State Associations Call on HUD to Clarify Disparate Impact
Responding to a request by the Department of Housing and Urban Development for suggestions of outdated or ineffective regulations, ABA ...
Tag: Fair lending
ABA Expresses Concern about Using Alternative Data for Credit Scoring
Banks are generally open to the idea of using alternative data sources -- such as mobile phone bills and rent ...
CFPB Seeks Information on Small Business Lending Market
As it prepares to implement Section 1071 of the Dodd-Frank Act, the Consumer Financial Protection Bureau this morning issued a ...
To Protect Consumers, ABA Seeks Pause on HMDA Expansion
ABA today called on the Consumer Financial Protection Bureau to rescind requirements to collect any Home Mortgage Disclosure Act data ...
Supreme Court Sends Miami Fair Housing Case Back for Rehearing
While holding that cities may sue lenders under the Fair Housing Act, alleging reduced property tax revenues due to predatory ...
ABA Seeks Fairness in Fair Lending Enforcement
As part of the banking industry’s continuing response to President Trump’s executive order outlining “core principles” for financial regulation, ABA ...
Redlining, Servicing, Biz Lending among CFPB Fair Lending Priorities in 2017
The Consumer Financial Protection Bureau said today that it will prioritize redlining, mortgage and student loan servicing and small business ...
Redlining: Everything Old Is New Again
However, the hottest trending topic in fair lending risk right now surrounds the old-fashioned practice of redlining.
Compliance Issues to Watch in 2017
Mortgage servicing, fair lending, vendor risk management and sales practices are among top priorities, according to ABA experts.
