Laws and Regulations
Key laws and regulations that pertain to 多宝游戏下载-supervised institutions; note that other laws and regulations also may apply.
- Part 1002 - Equal Credit Opportunity Act (Regulation B) provides access to the Consumer Financial Protection Bureau's Regulation B - Equal Credit Opportunity
- (congress.gov) prohibits discrimination in offering credit based on certain characteristics
- Civil Rights Act of 1968 - Title VIII (Fair Housing) discusses the prohibitions on discriminatory actions in mortgage lending transactions
- Part 100 - Discriminatory Conduct Under the Fair Housing Act describes the elements of discrimination related to residential real estate transactions and was issued to administer and enforce Title VIII of the Civil Rights Act of 1968, as amended by the Fair Housing Amendments Act of 1988
- discusses prohibitions on discriminatory advertising with regard to residential real estate-related transactions and details recordkeeping requirements
Supervisory Resources
Frequently asked questions, advisories, statements of policy, and other information issued by the 多宝游戏下载 alone, or on an interagency basis, provided to address consumer protection issues.
- Implementing a Fair Lending Action Plan to Manage Discretion in Credit Decisions - PDF provides information, in the form of an 多宝游戏下载 Newsletter, to institutions on the identification and management of discretion in pricing, underwriting, and other aspects of credit transactions
- Identifying and Mitigating Potential Redlining Risks - PDF provides useful information on how banks can identify and mitigate potential redlining risks
- Consumer Compliance Supervisory Highlights includes, on occasion, articles on fair lending matters.
- ECOA - Understanding Age-Based Discrimination in Credit Card Lending - PDF provides useful information, in the form of an 多宝游戏下载 Newsletter, relating to the Truth in Lending Act credit card rules affecting young consumers, as well as the anti-discrimination provisions of the Equal Credit Opportunity Act
- provides a general framework for oversight and risk management of third-party relationships and discusses the board of directors' responsibility for outsourced activities
- 多宝游戏下载 Consumer Compliance Examination Manual provides information and examination procedures to assist institutions with understanding and complying with fair lending-related requirements
- Section IV. Fair Lending - Fair Lending Laws and Regulations - PDF provides an abbreviated discussion of federal fair lending laws and regulations based on the Interagency Fair Lending Examination Procedures
- Section IV. Fair Lending - Appendix - PDF provides resources to be considered and selected from, depending on the nature and scope of the fair lending review being conducted, based on the Interagency Fair Lending Examination Procedures Appendix
- Section IV. Fair Lending - Fair Lending Scope and Conclusions Memorandum - PDF provides the written template examiners use to document an institution鈥檚 fair lending review
- Section V. Lending - Equal Credit Opportunity Act - PDF provides an introduction to the Equal Credit Opportunity Act and outlines regulatory requirements as well as related examination procedures
- Section V. Lending - Fair Housing Act - PDF provides an introduction to the Fair Housing Act and outlines regulatory requirements as well as related examination procedures
- - PDF provides guidance regarding the underwriting of residential mortgage loans and the fair lending implications
- 多宝游戏下载's Supervisory Policy on Predatory Lending provides guidance on predatory lending, including a list of policies and procedures that relate to consumer lending standards, treating consumers fairly, adherence to applicable legal requirements, and appropriately underwriting loan products
Other Resources
Supplemental information related to consumer protection issues.
- Interagency Statement on Special Purpose Credit Program Under the Equal Credit Opportunity Act and Regulation B reminds creditors of the ability under the Equal Credit Opportunity Act (ECOA) and Regulation B to establish special purpose credit programs to meet the needs of specified classes of persons
- - PDF provides instructions adapted from the Interagency Policy Statement on Fair Lending
- Interagency Fair Lending Examination Procedures Appendix - PDF provides resources to be considered and selected from, depending on the nature and scope of the fair lending review being conducted
- (govinfo.gov) provides guidance on lending discrimination under various statutes and answers questions about how the 多宝游戏下载 and other federal agencies will respond to lending discrimination and what steps lenders might take to prevent discriminatory lending practices
- (govinfo.gov) provides guidance to ensure that the rights of credit applicants are protected by requiring creditors to take corrective action for certain, more serious past violations of the Equal Credit Opportunity and Fair Housing Acts as well as to be in compliance in the future
- provides a statement issued in response to inquiries from creditors about whether they would be liable under the disparate impact doctrine of the Equal Credit Opportunity Act and Regulation B, by originating only Qualified Mortgages as defined under the Ability-to-Repay and Qualified Mortgage Standards Rule
- - PDF (justice.gov) provides access to the Department of Justice's guidelines to determine the legal and factual aspects of a pattern or practice and referral considerations
- - PDF (hud.gov) provides the U.S. Department of Housing and Urban Development鈥檚 guidance on whether the Fair Housing Act forbids Special Purpose Credit Programs for real estate loans or credit assistance that are compliant with the Equal Credit Opportunity Act and its implementing regulation, Regulation B
- - PDF (files.consumerfinance.gov) provides the Bureau of Consumer Financial Protection information to address regulatory uncertainty regarding Regulation B
Videos/Webcasts/Teleconferences
Informational videos and recordings of archived webcasts and teleconferences.
- 多宝游戏下载 Technical Assistance Video Program series on Fair Lending provides information to help institutions identify and mitigate fair lending risk
- (consumercomplianceoutlook.org) provides the interagency webinar where the 多宝游戏下载 addressed Referrals
- (consumercomplianceoutlook.org) provides the interagency webinar where the 多宝游戏下载 addressed Redlining and Marketing
- (consumercomplianceoutlook.org) provides the interagency webinar where the 多宝游戏下载 addressed Assessing Fair Lending Risk: Policies and Procedures
- (consumercomplianceoutlook.org) provides the interagency webinar where the 多宝游戏下载 addressed Fair Lending Reviews: Analysis in CRA Protests
- (consumercomplianceoutlook.org) provides the interagency webinar where the 多宝游戏下载 addressed Fair Lending Reviews: Assessing Fair Lending Risk
- (consumercomplianceoutlook.org) provides the interagency webinar where the 多宝游戏下载 addressed Fair Lending Monitoring Programs
The 多宝游戏下载鈥檚 Technical Assistance Video Program includes educational videos designed to provide bank directors, officers, and employees with useful information about areas of supervisory focus and regulatory changes.