Archive for Redlining

Jun
28

The CFPB is working to reinforce the foundation of a fair, nondiscriminatory and competitive mortgage market

by gypsy

CFPB’s HMDA enforcement cases and research focus on ensuring financial institutions comply with HMDA and Regulation C’s requirement to report complete and accurate mortgage lending information

See the full post at consumerfinance.gov

0 Categories : CFPB, Enforcement, Equal Credit Opportunity Act, Fair lending, Home Mortgage Disclosure Act, Mortgage origination, Mortgages, Policy and compliance, Redlining, Supervision
Jun
26

The CFPB's 2023 fair lending annual report to congress

by gypsy

The CFPB releases its Fair Lending Annual Report to Congress, describing its fair lending activities in enforcement and supervision; guidance and rulemaking; interagency coordination; and outreach and education for calendar year 2023

See the full post at consumerfinance.gov

0 Categories : CFPB, Data, research, and reports, Discrimination, Equal Credit Opportunity Act, Fair lending, Home Mortgage Disclosure Act, Redlining, Regulation B, Regulation C
Jun
1

Algorithms, artificial intelligence, and fairness in home appraisals

by gypsy

Today, the CFPB is taking another step toward ensuring accountability for automated decision models, sometimes marketed as artificial intelligence (AI)

See the full post at consumerfinance.gov

0 Categories : CFPB, Data, Director's notebook, Discrimination, Fair lending, Mortgage origination, Policy and compliance, Redlining, Rulemaking
Jun
25

What you need to know to get money from the settlement with BancorpSouth Bank for alleged discrimination

by gypsy

The BancorpSouth Settlement Administrator recently
mailed packets to identified consumers with instructions for how to take part
in the settlement

See the full post at consumerfinance.gov

0 Categories : CFPB, Discrimination, Enforcement, Equal Credit Opportunity Act, Fair lending, Info for consumers, Mortgages, Redlining

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