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Fair Lending Report of the Consumer Financial Protection Bureau
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he CFPB and the Office of Fair Lending and Equal Opportunity (the Office of Fair Lending) have taken important strides over the last year in our efforts to protect consumers from credit discrimination and broaden access to credit, as we identify new and emerging fair lending risks and monitor institutions for compliance. In 2015, our fair lending supervisory and public enforcement actions directed institutions to provide approximately $108 million in remediation and other monetary payments.
Author: CFPB - Consumer Financial Protection Bureau
Topic: Consumer protection
Publisher: CFPB - Consumer Financial Protection Bureau
Location: United States
Format: Report
Content Type: Research
Publication Date: April 30, 2017