WebFair Bank: Opportunities Existent to Enhance OCC's Oversight are Banks' Lending Practices GAO-22-104717 Published: Juni 21, 2024. Publicly Released: Jun 21, 2024. WebDec 18, 2024 · The CFPB was more active in fair-lending enforcement under the Obama administration. The CFPB made 40 lending discrimination referrals to the Justice …
Elizabeth Warren, Brown call on GAO to investigate CFPB
WebJan 21, 2024 · In the Bureau's 2024 Fair Lending Report to Congress, the Director identified that “[o]ne particular fair lending issue ripe for innovative solutions is making financial products and services more accessible to consumers who are unbanked and underbanked, ... GAO-10-518 (May 2010), ... WebJul 5, 2024 · While fair lending has already been identified as a priority for banking regulators by the Biden Administration, the GAO report, particularly its findings … synonyms for shimmering
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WebJan 21, 2024 · identifies and manages fair lending risk under ECOA. The observations described in the referenced LEP section of Supervisory Highlights resulted from, at least in part, Bureau examiners’ review of financial institutions’ fair lending risks and controls related to servicing options for LEP consumers). 16 CFPB, Fair Lending Report of the ... WebMar 17, 2024 · On January 3, 2024, the Good Accounting Obligation in Government Act (GAO-IG Act) was enacted as Public Law number 115-414. The GAO-IG Act requires agencies to annually submit a report to Congress on the status of open public audit recommendations. This report is published by the Bureau of Consumer Financial … WebFeb 16, 2024 · Fair Lending Report 2024. The Bureau is committed to ensuring fair, equitable, and nondiscriminatory access to credit for both individuals and communities. This report describes our fair lending activities in supervision and enforcement; guidance and rulemaking; interagency coordination; and outreach and education for calendar year 2024. thai zodiac animals