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Fair Lending - Banking Exchange
Six banks are facing charges that claim they have created a monopoly
Not every bank is enthusiastic about small business loans
Why & how banks must update their lending approach for today’s customer.
Bank avoids major financial penalties but agrees to expand service
D.C. stance may shift—but fundamentals, state and private actions, and the law remain
New data collection and reporting regimen looming
Partition of legacy activity and proposed bank part of plan
While much goes into effect in 2018, 2017 filing must also be considered
Consumer agency presses forward with Dodd-Frank mandate to gather race and gender data
Emphasis, methods, and actors may evolve under Trump, but banks must maintain strong compliance efforts
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