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The Consumer Financial Protection Board has expanded authority to protect families, communities from discrimination. Announcement was through examination manual revisions dealing with unfair, deceptive, abusive acts providing details about discrimination types to address.
The degree of enforcement of fair lending laws by the regulators can vary depending on which administration is in office. We examine the renewed focus on combatting the practice of redlining and the expanded oversight role of the CFPB.
The degree of enforcement of fair lending laws by the regulators can vary depending on which administration is in office. We examine the renewed focus on combatting the practice of redlining and the expanded oversight role of the CFPB.