WebFeb 6, 2024 · (1) The making or purchasing of loans or providing other financial assistance- (A) for purchasing, constructing, improving, repairing, or maintaining a dwelling; or (B) … WebA Chicago federal judge's complete dismissal of the first-ever Consumer Financial Protection Bureau redlining case against a nonbank mortgage lender could spell big trouble for the …
Fair Lending OCC - United States Secretary of the Treasury
WebApr 27, 2024 · The Bureau's small business lending work focused on assessing whether (1) there is discrimination in the application, underwriting, and pricing processes, (2) creditors are redlining, and (3) there are weaknesses in fair lending related compliance management systems (CMS). WebMay 16, 2024 · Another is the CFPB’s lawsuit against online lender LendUp that included allegations that LendUp violated the ECOA and Regulation B by failing to provide timely and accurate adverse action notices to consumers whose loan applications were denied. ofsted performance tables
Supreme Court to Hear CFPB Funding Case
WebMar 13, 2024 · The Bureau filed an amicus brief with the U.S. Court of Appeals for the Eleventh Circuit, in two related cases, arguing that the Fair Credit Reporting Act requires an entity that furnishes credit information to a consumer reporting agency (CRA) to perform a reasonable investigation when a consumer disputes the accuracy of information … WebJun 20, 2024 · City of Philadelphia Brings Fair Lending Disparate Impact Case In early May 2024, the Supreme Court ruled that cities have the right to bring suit against banks for alleged discriminatory mortgage lending if … WebJun 29, 2016 · The Justice Department’s enforcement of fair lending laws is conducted by the Civil Rights Division’s Housing and Civil Enforcement Section. Since 2010, the Civil Rights Division has provided over $1.4 billion in monetary relief for individual borrowers and impacted communities through its enforcement of the Fair Housing Act, ECOA and ... ofsted pe