CFPB Fair Lending Report

The CFPB recently released its Fair Lending Report for 2020 and, in doing so, gave us a look into frequently-cited ECOA violations in 2020. 

You will see that adverse action notice requirements continue to make these lists! 

Is your financial institution in compliance with the timing and content requirements under Regulation B?  While there have not been any recent changes in this area, adverse action notice requirements always seem to bring challenges for many institutions.  Want to learn more?  Join us for our webinar on Adverse Action Notices

We’ll also have more in our Magazine.


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