CFPB Updates Rulemaking Agenda for 2015-16
The Consumer Financial Protection Bureau today updated its rulemaking agenda for the remainder of 2015 and into 2016.
Tag: Fair lending
FHA Relaxes Restrictions on Agency-Backed Condo Loans
The FHA in a letter today announced that effective immediately, it will loosen restrictions for one year on agency-backed condo ...
Fed Approves M&T, Hudson City Deal
The Federal Reserve today approved the acquisition of Hudson City Bancorp, Paramus, N.J., by the Buffalo, N.Y.-based M&T Bank Corporation.
HUDSON CITY BANK PAYS $33 MILLION TO SETTLE REDLINING CLAIMS
On September 30, 2015, the Federal Reserve Board of Governors approved Hudson City's $3.7 billion merger with M&T Bank. The ...
Eleventh Circuit Revises Miami’s Discriminatory Lending Case Against BofA, Citi, Wells
The Court noted in its opinion that on remand, the district court may need to review the City’s claims under ...
IBD: ‘About Time’ for Regulators to Clarify Disparate Impact
The financial regulators should move quickly to implement the Supreme Court’s guidance on using disparate impact to enforce fair lending ...
NYBA Wins Challenge to New York City Law
The New York Bankers Association on Friday won its legal challenge to New York City’s Responsible Banking Act, with a ...
Federal Court Rules NYC’s Responsible Banking Act Preempted by NBA
The district court’s ruling aligned with the arguments in the ABA’s amicus brief.
ABA to Agencies: Put Court’s Disparate Impact Framework into Guidance
ABA today asked the financial regulators and law enforcement agencies to include in their guidance, exam procedures and appropriate regulations ...
