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FHFA releases fair lending final rule
HousingWire via Yahoo Finance· 1 month agoThe Federal Housing Finance Agency (FHFA) this week released its fair lending final rule, following up on a proposal made last year in alignment with...
US banks face more fair lending scrutiny under new regulations
Reuters via Yahoo Finance· 7 months agoU.S. regulators will begin grading banks on which communities and geographies they service via...
Board of State Canvassers declines to certify payday lending measure for November ballot
Detroit Free Press via Yahoo News· 2 years agoMichigan's Board of State Canvassers Thursday declined to certify a proposal to cap interest and...
US lenders, business groups sue bank regulators over updated fair lending rules
Reuters via Yahoo Finance· 4 months agoWASHINGTON (Reuters) -Some of the largest U.S. banking and business groups on Monday sued three bank...
US Federal Reserve to meet Oct. 24 to discuss final fair lending rule
Reuters via Yahoo Finance· 8 months ago(Reuters) - The Federal Reserve will meet Oct. 24 to discuss final rules updating requirements for...
Rocket settles fair lending case on tribal lands
HousingWire via Yahoo Finance· 3 weeks agoAccording to the settlement terms, Rocket will pay the couple $65,000 and invest at least $30,000 in programs related to homeownership for Native...
Regulators caught Wells Fargo, other banks in probe over mortgage pricing discrimination
NBC Universal via AOL· 6 months agoWells Fargo was snared in an industrywide probe into mortgage bankers’ use of loan discounts last...
Fed watchdog warns AI, machine learning may perpetuate bias in lending
The Hill via Yahoo News· 11 months agoThe Federal Reserve’s top watchdog warned Tuesday artificial intelligence and machine learning could...
Wells Fargo, other mortgage lenders under scrutiny for pricing exceptions: CNBC
HousingWire via Yahoo Finance· 6 months agoWells Fargo, once the largest mortgage lender in America, was accused of discrimination through the...
Texas federal judge blocks updated fair lending rules
Reuters via Yahoo Finance· 2 months agoA federal judge in Texas on Friday blocked enforcement of new regulations adopted during the Biden...
