On March 26, the CFPB filed a motion to vacate its recent settlement against an Illinois-based mortgage lender accused of engaging in discriminatory marketing practices in violation of the Equal ...
In response to the CFPB’s decision, Adam DeSanctis, vice-president of communications at the Mortgage Bankers Association, said the group would inform bank members to rely on guidance posted on the ...
On January 17, the CFPB released its complaint and proposed consent order against a nondepository mortgage company, alleging violations of the ECOA and Regulation B as well as the CFPA. The CFPB seeks ...
Referral networks' disparate impacts on display in third redlining settlement with a nonbank mortgage lender The Justice Department opened the investigation into The Mortgage Firm’s lending practices ...
In a recent CFPB Supervisory Highlights1, “Pricing Discrimination” has been identified as a fair lending issue. In a highly competitive mortgage market, it has become increasing more important for ...