Justice Department Quietly Expands Fair Lending Enforcement, Mystery Shoppers Have Been Visiting Banks in Past Few
November 5, 2001
Months Department of Justice employees posing as loan applicants have been secretly testing financial institutions during the last couple of months for possible violation of federal fair lending and civil rights laws. Although the testers have not come up with anything solid that would spur an investigation, the fact that the DOJ no longer relies exclusively on agency referrals and has launched its own fair lending pipeline is bad news for the industry, according