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    <title>Fair Lending</title>
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    <item>
      <title>DOJ’s Push Against Mortgage Redlining Practices Continues</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[First National Bank of Pennsylvania’s $13.5 million settlement with the DOJ and North Carolina didn’t include a civil monetary penalty. DOJ officials stressed that more redlining enforcement is in the works.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/230179</guid>
      <pubDate>Mon, 12 Feb 2024 15:28:04 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/230179-dojs-push-against-redlining-continues-as-bank-settles</link>
    </item>
    <item>
      <title>CFPB Looking at LO Comp, Fair Lending Issues</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[Mark McArdle, an assistant director of mortgage markets at the CFPB, provided updates on the regulator’s priorities in terms of mortgage lending at the MBA’s independent mortgage bankers conference. The top concerns are LO comp practices and fair lending.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/230046</guid>
      <pubDate>Mon, 29 Jan 2024 11:58:46 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/230046-cfpb-looking-at-lo-comp-fair-lending-issues</link>
    </item>
    <item>
      <title>Oral Arguments Kick Off In Townstone Redlining Case </title>
      <author>smanas@imfpubs.com</author>
      <description>
        <![CDATA[The CFPB and nonbank mortgage lender Townstone Financial presented their arguments to the Seventh Circuit Court of Appeals. The arguments centered on whether ECOA applies to prospective applicants.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/229713</guid>
      <pubDate>Fri, 22 Dec 2023 15:09:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/229713-oral-arguments-kick-off-in-townstone-redlining-case</link>
    </item>
    <item>
      <title>CFPB, DOJ Sue Developer for Predatory Lending</title>
      <author>smanas@imfpubs.com</author>
      <description>
        <![CDATA[The bureau and the Department of Justice sued a Texas land developer and a mortgage lender over an alleged predatory lending scheme.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/229791</guid>
      <pubDate>Fri, 22 Dec 2023 15:06:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/229791-cfpb-doj-sue-developer-for-churning-hispanic-borrowers-false-advertising</link>
    </item>
    <item>
      <title>Stakeholder Diversity Tied to Higher Mortgage Approval Rates</title>
      <author>smanas@imfpubs.com</author>
      <description>
        <![CDATA[Researchers with the Federal Reserve Bank of New York found that banks with diverse stakeholders — groups like borrowers, depositors and employees — are more averse to inequality and have a higher propensity to approve mortgage applications for minority borrowers.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/229742</guid>
      <pubDate>Fri, 22 Dec 2023 15:05:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/229742-inequality-averse-stakeholders-correlate-with-higher-minority-mortgage-approval-rates</link>
    </item>
    <item>
      <title>Regulators Offer Insight on Redlining Investigations</title>
      <author>smanas@imfpubs.com</author>
      <description>
        <![CDATA[Federal regulators discussed best practices for lenders’ redlining analysis to head off regulatory risk. Separately, Navy Federal Credit Union faces mortgage lending discrimination allegations.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/229779</guid>
      <pubDate>Thu, 21 Dec 2023 13:29:12 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/229779-regulators-offer-redlining-disability-discrimination-compliance-tips</link>
    </item>
    <item>
      <title>GOP’s McHenry Praises CFPB for 1033 Rulemaking</title>
      <author>smanas@imfpubs.com</author>
      <description>
        <![CDATA[CFPB Director Rohit Chopra was accused of partisan regulatory management by Republican lawmakers during recent congressional hearings. But the bureau’s proposed personal financial data rights rule found praise.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/229681</guid>
      <pubDate>Mon, 11 Dec 2023 16:59:05 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/229681-mchenry-praises-cfpb-for-1033-rulemaking</link>
    </item>
    <item>
      <title>Researchers Find Large Racial Gaps in Home Equity Lending</title>
      <author>smanas@imfpubs.com</author>
      <description>
        <![CDATA[A new working paper found that racial disparities in applications for home equity loan, home equity lines of credit and cash-out refinances between 2018 and 2021 were significantly larger than those for purchases and rate-term refinances.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/229620</guid>
      <pubDate>Mon, 11 Dec 2023 16:56:08 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/229620-research-finds-large-racial-gaps-in-home-equity-lending</link>
    </item>
    <item>
      <title>Trade Groups Seek to Slow Data Broker Rulemaking</title>
      <author>smanas@imfpubs.com</author>
      <description>
        <![CDATA[Industry wants the CFPB to include an advanced notice of proposed rulemaking step in its Fair Credit Reporting Act rulemaking restricting the sale of consumer data by credit reporting companies.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/229628</guid>
      <pubDate>Mon, 11 Dec 2023 16:48:14 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/229628-trade-groups-ask-for-anpr-in-data-broker-rulemaking</link>
    </item>
    <item>
      <title>Trade Groups Want CFPB to Slow Down FCRA Rulemaking</title>
      <author>smanas@imfpubs.com</author>
      <description>
        <![CDATA[The Consumer Financial Protection Bureau’s outline of proposed amendments to the regulation implementing the Fair Credit Reporting Act lacked key details, financial services trade groups said in a joint letter.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/229579</guid>
      <pubDate>Thu, 30 Nov 2023 11:55:09 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/229579-trade-groups-ask-cfpb-to-slow-down-fcra-rulemaking</link>
    </item>
    <item>
      <title>Compliance Work on New CRA Should Start Now</title>
      <author>smanas@imfpubs.com</author>
      <description>
        <![CDATA[While it will take time for banking agencies to issue guidance and create tools facilitating compliance with the newly finalized Community Reinvestment Act rule, banks should get the ball rolling at their end, attorneys said.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/229540</guid>
      <pubDate>Mon, 27 Nov 2023 15:54:50 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/229540-compliance-work-on-new-cra-should-start-now-analysts-say</link>
    </item>
    <item>
      <title>Policy Statement Won’t Prohibit All Uses of Immigration Status</title>
      <author>smanas@imfpubs.com</author>
      <description>
        <![CDATA[Attorney Chris Willis of Troutman Pepper said lenders may still be able to narrowly tailor the use of immigration status in credit decisions while staying compliant with recent guidance from the CFPB and DOJ.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/229483</guid>
      <pubDate>Mon, 27 Nov 2023 15:51:53 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/229483-policy-statement-wont-foreclose-all-uses-of-immigration-status-attorney-says</link>
    </item>
    <item>
      <title>Banks’ Policy Stances at Odds With Their Trade Groups</title>
      <author>smanas@imfpubs.com</author>
      <description>
        <![CDATA[Banks don’t appear to be doing enough to check the anti-consumer lobbying and litigation efforts of the trade groups that represent them, according to Rise Economy, a California-based nonprofit.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/229377</guid>
      <pubDate>Mon, 27 Nov 2023 15:50:55 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/229377-advocates-highlight-diverging-policy-stances-by-banks-trade-groups</link>
    </item>
    <item>
      <title>CFPB Details Differences in HMDA Reporting on Race</title>
      <author>smanas@imfpubs.com</author>
      <description>
        <![CDATA[A CFPB working paper found that lender-identified race and ethnicity data on mortgage applications more closely correlates with the probability an individual is of a given race than applications with self-identified race information. The largest differences were for Hispanic and Black applicants.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/229551</guid>
      <pubDate>Mon, 27 Nov 2023 15:48:56 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/229551-cfpb-details-differences-in-hmda-reporting-on-race</link>
    </item>
    <item>
      <title>Other News in Brief</title>
      <author>smanas@imfpubs.com</author>
      <description>
        <![CDATA[MBA’s advocacy arm tells members to oppose Illinois CRA rule draft; CFPB fines small-dollar lender $15 million for consent order violation; CFPB reverses course on UDAAP examination manual changes.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/229552</guid>
      <pubDate>Mon, 27 Nov 2023 15:44:57 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/229552-other-news-in-brief</link>
    </item>
    <item>
      <title>Chopra Takes Appraisal Firms to Task at Hearing </title>
      <author>smanas@imfpubs.com</author>
      <description>
        <![CDATA[In an Appraisal Subcommittee hearing this month, CFPB Director Rohit Chopra focused on the impact of appraisal management companies, including their market share and fees.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/229431</guid>
      <pubDate>Mon, 13 Nov 2023 14:08:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/229431-chopra-concerned-about-appraisal-firms-market-effects</link>
    </item>
    <item>
      <title>Dissenters of Final CRA Rule Cite Regulatory Burdens</title>
      <author>smanas@imfpubs.com</author>
      <description>
        <![CDATA[Members on the Federal Reserve and FDIC boards who opposed approving the revised Community Reinvestment Act standards said the new rule could put regulatory burdens on banks.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/229415</guid>
      <pubDate>Mon, 13 Nov 2023 14:06:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/229415-dissenting-votes-on-cra-cite-regulatory-burdens</link>
    </item>
    <item>
      <title>Other News in Brief</title>
      <author>smanas@imfpubs.com</author>
      <description>
        <![CDATA[AFSA asks CFPB to withdraw guidance on powerbooking; White House issues executive order on artificial intelligence; CFPB takes action against Citi for discriminating against Armenian Americans.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/229433</guid>
      <pubDate>Mon, 13 Nov 2023 14:00:00 -0500</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/229433-other-news-in-brief</link>
    </item>
    <item>
      <title>Revisions to CRA Requirements for Banks Set for 2026</title>
      <author>bivey@imfpubs.com</author>
      <description>
        <![CDATA[After a solo effort by the OCC in 2020 that was eventually rescinded, federal banking regulators jointly approved changes to requirements under the Community Reinvestment Act. The standards have largely been untouched since 1995.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/229296</guid>
      <pubDate>Mon, 30 Oct 2023 12:24:54 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/229296-revisions-to-cra-requirements-for-banks-set-for-2026</link>
    </item>
    <item>
      <title>TransUnion Hit With Two Federal Enforcement Actions</title>
      <author>smanas@imfpubs.com</author>
      <description>
        <![CDATA[The bureau and the Federal Trade Commission sued TransUnion’s rental reporting subsidiary for failing to ensure background checks were accurate. Separately, the CFPB ordered TransUnion to pay $8 million to resolve changes involving security freeze and lock failures.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/229154</guid>
      <pubDate>Mon, 16 Oct 2023 14:01:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/229154-transunion-hit-with-two-federal-enforcement-actions</link>
    </item>
    <item>
      <title>Court Says CFPB Can’t Broaden Unfairness Authority</title>
      <author>smanas@imfpubs.com</author>
      <description>
        <![CDATA[A federal court sided with trade groups and vacated the CFPB’s March 2022 supervision and examination manual update that directed examiners to apply the Consumer Financial Protection Act’s unfairness authority to discriminatory practices.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/228908</guid>
      <pubDate>Mon, 18 Sep 2023 14:19:19 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/228908-court-rules-cfpb-cant-broaden-unfairness-authority</link>
    </item>
    <item>
      <title>State Examiners Concerned About MLO Behavior</title>
      <author>smanas@imfpubs.com</author>
      <description>
        <![CDATA[Attorneys recently highlighted non-compliant behavior among mortgage loan originators, including their usage of social media.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/228916</guid>
      <pubDate>Mon, 18 Sep 2023 14:14:21 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/228916-state-examiners-concerned-about-trid-violations-mlo-errors</link>
    </item>
    <item>
      <title>CFPB Opposes Request to Expand 1071 Injunction</title>
      <author>smanas@imfpubs.com</author>
      <description>
        <![CDATA[The agency opposed a request to expand an injunction on implementing its small business lending data collection rule to all covered institutions. Currently the stay applies only to American Bankers Association and Texas Bankers Association members.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/228775</guid>
      <pubDate>Tue, 05 Sep 2023 13:35:05 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/228775-cfpb-pushes-back-on-request-to-expand-1071-injunction</link>
    </item>
    <item>
      <title>DOJ Settles Redlining Claims With Oklahoma Bank</title>
      <author>smanas@imfpubs.com</author>
      <description>
        <![CDATA[The DOJ has settled redlining charges brought against American Bank of Oklahoma. HSBC Bank also disclosed recently that it’s under investigation by the Department of Housing and Urban Development for alleged redlining.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/228771</guid>
      <pubDate>Tue, 05 Sep 2023 13:29:57 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/228771-doj-settles-redlining-claims-with-oklahoma-bank-hud-investigates-hsbc</link>
    </item>
    <item>
      <title>Fair Housing Act Lawsuit Against BofA Dismissed</title>
      <author>smanas@imfpubs.com</author>
      <description>
        <![CDATA[The Seventh Circuit ruled that harms suffered by Cook County, IL, as a result of BofA’s lending practices were not proximate enough to the alleged injurious behavior to count as violations of the Fair Housing Act.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/228685</guid>
      <pubDate>Mon, 21 Aug 2023 15:24:41 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/228685-countys-fha-lawsuit-against-bofa-foibled-in-seventh-circuit</link>
    </item>
    <item>
      <title>Some Nonbanks Voluntarily Accept CFPB Oversight</title>
      <author>smanas@imfpubs.com</author>
      <description>
        <![CDATA[The CFPB said several nonbanks that have come under its oversight following a procedural rule issued in November 2022 are cooperating with the agency to iron out compliance problems before it’s too late.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/228520</guid>
      <pubDate>Mon, 07 Aug 2023 14:16:58 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/228520-some-nonbanks-gearing-up-for-cfpb-supervision-report-says</link>
    </item>
    <item>
      <title>Texas Court Issues Limited Injunction on Section 1071</title>
      <author>smanas@imfpubs.com</author>
      <description>
        <![CDATA[The temporary injunction halting the implementation of the Section 1071 final rule applies only to members of the American Bankers Association and the Texas Bankers Association.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/228504</guid>
      <pubDate>Mon, 07 Aug 2023 14:13:58 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/228504-court-issues-limited-injunction-on-section-1071</link>
    </item>
    <item>
      <title>CFPB Clarifies Stance on ECOA, TILA Coverage</title>
      <author>smanas@imfpubs.com</author>
      <description>
        <![CDATA[In recent amicus briefs, the bureau argued that statutes of limitations are subject to equitable tolling and a loan’s exposure to the Truth in Lending Act is not based solely on contractual language.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/228400</guid>
      <pubDate>Mon, 24 Jul 2023 15:46:13 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/228400-cfpb-opines-on-ecoa-tila-coverage-in-amicus-briefs</link>
    </item>
    <item>
      <title>CFPB Fair Lending Activity Level; Focus on Tech</title>
      <author>smanas@imfpubs.com</author>
      <description>
        <![CDATA[The bureau initiated 32 fair lending investigations in 2022. The most common issue leading to supervisory communication was related to mortgage origination underwriting policies and guidelines.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/228261</guid>
      <pubDate>Mon, 10 Jul 2023 15:03:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/228261-cfpb-upgrading-fair-lending-data-analysis-capabilities</link>
    </item>
    <item>
      <title>FTC Backs ECOA ‘Prospective Applicant’ Protections</title>
      <author>smanas@imfpubs.com</author>
      <description>
        <![CDATA[The Federal Trade Commission, in an amicus brief supporting a CFPB appeal, said historical practice, Supreme Court precedent and congressional action affirm that the Equal Credit Opportunity Act expressly protects prospective credit applicants.]]>
      </description>
      <guid>http://www.insidemortgagefinance.com/articles/228277</guid>
      <pubDate>Mon, 10 Jul 2023 15:02:00 -0400</pubDate>
      <link>https://www.insidemortgagefinance.com/articles/228277-ftc-backs-cfpb-appeal-over-ecoa-prospective-applicant-protections</link>
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