“Redlining is making a comeback…” So said Steve Rosenbaum, chief of Housing and Civil Enforcement in the DOJ’s civil rights division, at a recent HUD hosted fair housing conference. The conference, attended by a number of DOJ, CFPB and HUD officials, highlighted the DOJ and CFPB’s cooperation in pursuing fair lending complaints. When an attendee […]
Since the Consumer Finance Protection Bureau was created as a part of the Dodd-Frank Wall Street Reform and Consumer Protection Act in 2011, a key component of its work has been handling consumer complaints from across the country. Each month the CFPB releases a snapshot of these complaints (You can view the complete report here.). […]
Fair Lending Regression Analysis: Some Frequently Asked Questions Whether you use regression analysis in your fair lending monitoring program or you are thinking about using it, a few regression related questions are asked regularly. This blog will discuss four of the more popular questions. What data do I need? Depending on whether you are going […]