Trade Groups Warn Against Re-codifying 2013 Disparate Impact Rule
The American Bankers Association and three other banking and mortgage groups today warned that re-codifying the Department of Housing and ...
Tag: Fair lending
HUD, FHFA Enter Into MOU on Fair Housing, Fair Lending
The Department of Housing and Urban Development and the Federal Housing Finance Agency today announced a memorandum of understanding regarding ...
Mystery Shopping: Taking the Mystery out of Fair Lending
Mystery shopping is a form of internal self-testing—and a technique that banks may be subjected to by external organizations. Raise ...
FHFA Issues Fair Lending Policy Statement
The Federal Housing Finance Agency issued a policy statement today stating its position on fair lending laws with respect to ...
ABA: New Regulations Not Needed to Address Banks’ Use of AI
As banks move to responsibly integrate artificial intelligence and machine learning capabilities into their business processes, the American Bankers Association ...
HUD to Propose Reinstating 2013 ‘Disparate Impact’ Rule
The Department of Housing and Urban Development last week proposed to recodify its 2013 discriminatory effects rule.
Agencies Take Risk-Based Approach to Racial Equity and Fair Lending Oversight
Panel during ABA’s Regulatory Compliance Conference discussed was how the Biden administration’s focus on racial equity could alter agencies’ approach ...
When Must Banks Refund Mortgage Escrow Surplus?
Questions and answers from the May/June 2021 ABA Regulatory Policy and Compliance Inbox.
Powell: Broad Effort Needed for All to Benefit from Economic Recovery
The Federal Reserve is focused on addressing “long-standing disparities” in unemployment, “because they weigh on the productive capacity of our ...
CFPB: Fair Lending Critical to Pandemic Response, Reducing Racial Inequities
The Consumer Financial Protection’s fair lending work “is and will continue to be a critical component of the bureau and ...
