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CFPB Releases Update to Mortgage Servicing Examination Procedures Including Disparate Impact Analysis for Loss Mitigation Programs

USA - January 19 2023 On January 18, the Consumer Financial Protection Bureau (CFPB or Bureau) released its updated Mortgage Servicing Examination Procedures. The stated…

Chris Willis

DOJ Reaches Largest Ever Redlining Settlement with Los Angeles-based Bank

USA - January 17 2023 In the largest redlining settlement in the Department’s history, the U.S. Department of Justice (DOJ) announced that an agreement has been reached to…

Chris Willis

CFPB Moves Forward With Proposed Rule Establishing Public Registry of Terms and Conditions in Form Contracts

USA - January 11 2023 As forecasted in its 2022 Fall Rulemaking Agenda discussed here, today the Consumer Financial Protection Bureau (CFPB) published a proposed rule with…

Stefanie H. Jackman, Anthony Kaye, James Kim, Chris Willis

DOJ Provides Settlement Update with Meta Over Allegedly Discriminatory Housing Advertising Practices

USA - January 11 2023 As discussed here, on June 21, 2022, the United States Department of Justice (DOJ) filed a lawsuit and on June 27, 2022, obtained a settlement…

Whitney L. Shephard, Chris Willis

New York Enacts Law Protecting Individuals from Discrimination Based on Citizenship or Immigration Status

USA - January 9 2023 On December 23, New York Governor Hochul signed into law Assembly Bill A6328A amending New York Executive Law § 292, known as the New York State…

Chris Willis