Tag: Fair lending

While artificial intelligence and machine learning have enormous potential, Federal Reserve Vice Chairman for Supervision Michael Barr cautioned that “they ...

Affordable housing is an old problem in search of new solutions. As banks develop creative, sustainable programs to help close ...

ABA President and CEO Rob Nichols announced today that ABA has joined a lawsuit filed by the Texas Bankers Association ...

The Department of Housing and Urban Development announced today that it will re-codify the 2013 disparate impact rule, saying the ...

With uncertainty the rule, the best advice is to have banks’ change-management processes ready for whatever comes.

In an advisory opinion, the CFPB affirmed that the Equal Credit Opportunity Act and its implementing regulation, Regulation B, protect ...

The Treasury Department’s Community Development Financial Institutions Fund today awarded $26 million to 158 FDIC-insured banks through the fiscal year ...

What would my bank report if instead of income it based the credit decision on the assets of the borrower?

The CFPB today signaled its intention to ramp up supervision activity around fair lending laws and unfair, deceptive and abusive ...

As the credit union industry lobbies Congress this week, the American Bankers Association today urged all members of the House ...