Fair Lending Report of the Consumer Financial Protection Bureau ...

CFPB Fair Lending Activities and Report to Congress | Insights

The report announced that under the Bureau's risk-based prioritization approach, the Bureau focused its fair lending supervision efforts in 2020 ...

Fair Lending Report of the Bureau of Consumer Financial Protection

The Bureau's very purpose is to ensure that all consumers have access to consumer financial products and services which is based on having fair, transparent, ...

CFPB Comments on AI Offer Insights for Consumer Finance Industry

The Bureau's comments stress that existing laws apply fully to uses of AI, and it will continue to assess AI uses for compliance with those laws, including ...

House Report 117-349 - FAIR LENDING FOR ALL ACT - GovInfo

... credit plan for an amount exceeding a previously established credit limit. (c) The term ``Bureau'' means the Bureau of Consumer Financial Protection. (d) ...

Filing Individual Fair Lending Complaints - Department of Justice

Consumer Financial Protection Bureau [CFPB] : Banks, savings associations, and credit unions with total assets of over $10 billion and their ...

Recent Developments in Fair Lending Discrimination as a UDAAP ...

CFPB examiners will require supervised companies to show their processes for assessing risks and discriminatory outcomes, including documentation of customer ...

U.S. GAO - Consumer Financial Protection Bureau

... loan rehabilitation program it would be protected under the Fair Credit Reporting Act. Since issuance of our report in May 2019, CFPB was involved in a ...

Fair Lending, Fair Housing, and Consumer Protection Oversight

The Federal Housing Finance Agency (FHFA) is committed to careful fair lending, fair housing, and unfair or deceptive acts or practices (UDAP) oversight of the ...

Fair Lending & Fair Servicing

Financial institutions' increasing use of complex models, novel technologies (including AI) and alternative data, as well as the emergence of innovative loan ...

CFPB fair lending report indicates increase in HMDA reporting ...

The Consumer Financial Protection Bureau released its annual fair lending report to Congress, detailing the agency's efforts to combat ...

Consumer Compliance Resources

Consumer Financial Protection Bureau · Dodd-Frank Act · Electronic Banking · Overall Compliance · Payment Cards · Reg B/ECOA · Reg C/HMDA · Reg E/EFTA ...

H. Rept. 117-349 - FAIR LENDING FOR ALL ACT - Congress.gov

... credit plan for an amount exceeding a previously established credit limit. (c) The term ``Bureau'' means the Bureau of Consumer Financial Protection. (d) ...

Consumer Complaints Report - Mortgage Bankers Association

into consumer complaint data from the Consumer Financial Protection Bureau to ... Federal fair lending consumer financial laws and regulations at banks and.

Fair Lending Report 2020 - Consumer Financial Protection Bureau

This report describes our fair lending activities in prioritization, supervision, enforcement, guidance and rulemaking, interagency coordination, ...

CFPB Activity - OIG

The CFPB is a 21st-century agency that helps consumer finance markets work by making rules more effective, by consistently and fairly enforcing those rules.

Navigating fair lending risks in bank M&A transactions

(1) Carrying the torch, federal banking regulators and the Consumer Financial Protection Bureau (CFPB) responded with increased levels of ...

Consumer Groups Call on CFPB to Protect Consumers from ...

In a letter sent to the Consumer Financial Protection Bureau today, Consumer Reports and the Consumer Federation of America urged the Bureau ...

Risks & Opportunities of Regulatory Focus on Fair Lending

In January 2021, the CFPB sought to encourage the industry to better serve LEP consumers by providing some much-needed clarity on how institutions can navigate ...

Consumer Financial Protection Bureau - U.S. Government Manual

The Consumer Financial Protection Bureau (CFPB) helps consumer finance markets work by making rules more effective, by consistently and fairly enforcing those ...

CR urges CFPB to investigate Navy Federal Credit Union for unfair ...

CR has launched a petition calling on the CFPB to investigate and provide more clear guidance to all lenders to ensure that the algorithms they ...