New York lawmakers introduce the FAIR Business Practices Act to protect consumers from predatory loans, junk fees, and deceptive business schemes.

WASHINGTON (Reuters) -U.S. bank regulators announced Friday they intended to rescind a 2023 update to fair lending rules for banks and reinstate the prior requirements, citing a legal challenge ...

The payout will go toward bolstering outreach and lending in the specified communities. The case draws renewed attention to redlining, which was prohibited by the Fair Housing Act of 1968 but ...

The court's fair use analysis didn't solely hinge on whether IA's digital lending of e-books was "transformative." Judges also had to consider book publishers' claims that IA was profiting off e ...

"Our Colloquium provides a vital platform to explore these issues in greater depth, with discussion and debate among lenders, regulators and other industry leaders about CRA and fair lending ...

The news was first reported by American Banker. Ficklin has been a mainstay at the CFPB, overseeing the launch of the bureau’s fair lending office and leading it through more than 13 years ...

Uncovering Fair Lending Risk to Build a Stronger Fair Lending Program! Preventing and detecting discrimination with an active fair lending compliance management system (Fair Lending CMS ...

Patrice Ficklin, who has headed the Consumer Financial Protection Bureau's fair lending office since its establishment in 2011, has announced that she is leaving the bureau for a similar role at ...

Watch it on The Interest: The Evolution of Fair Lending Enforcement In the past three years, regulators have initiated numerous redlining lawsuits – and even more investigations – against depository ...

CLEVELAND, Ohio — A fair-lending advocacy group and KeyBank announced Wednesday that they will start working together again — two years after the nonprofit cut ties with the bank. The National ...

(Reuters) The revised fair lending practice, which prohibits banks and NBFCs from using penal charges on loan defaults as a revenue enhancement tool, will come into effect from April 1, the ...

CLEVELAND, Ohio — A fair-lending advocacy group that cut ties with KeyBank late last year says the bank’s lending in marginalized communities continued a trend of getting worse in 2022.