For the past six months, we have received calls from banks and non-depository mortgage lenders regarding Department of Justice (“DOJ”) investigations into mortgage lending discrimination. These DOJ inquiries are bypassing the...more
3/10/2022
/ Credit Discrimination ,
Department of Justice (DOJ) ,
ECOA ,
Enforcement Priorities ,
Fair Housing Act (FHA) ,
Fair Lending ,
Financial Services Industry ,
HMDA ,
Loan Applications ,
Mortgage Lenders ,
Race Discrimination ,
Real Estate Transactions ,
Redlining
CFPB Director Kathleen L. Kraninger appeared Before the Senate Committee on Banking, Housing, and Urban Affairs on July 29 to deliver the Bureau’s most recent Semi-Annual Report to Congress. This report was particularly...more
The Office of the Comptroller of the Currency (OCC) released “OCC Bulletin 2020-44” which encourages institutions to “prudently document their implementation and lending decisions” under the Small Business Administration's...more