Trident Mortgage – The Newest Front Page Company for Redlining
On July 27th, 2022, the Consumer Financial Protection Bureau (CFPB) brought an action against Trident Mortgage Company LP under the Fair Housing Act (
ECOA & Advertising: What’s the Connection?
With Fair Lending top of mind for regulators and lenders alike, it is essential to understand the regulatory underpinnings of this legal concept. Two...
Understanding the State Community Reinvestment Act
One of the most insidious forms of discrimination in lending over the past several decades has been redlining, a long-illegal practice where...
Disparate Impact vs. Disparate Treatment - What’s the Difference?
For newcomers breaking into the lending industry, the sheer number of laws in place to regulate lender practices can seem uncountable. Whether it’s...
DOJ, Merrick Garland Announce Initiatives to Combat “Modern-Day Redlining”
Discrimination and unequal treatment have been a pervasive thorn in the side of the lending industry since its inception and one of its most common...
CFPB Investigating Widespread Lending Violations in First Half of 2021
Financial regulators and lawmakers have worked tirelessly for decades to even the lending playing field for all possible customers, regardless of...
Cuomo Cracks Down with NY Fair Lending Audits
It’s been nearly six months since New York Governor Andrew Cuomo announced the findings of a broadly-sweeping New York state investigation into...
Fair Lending and Social Media
In July of 2020, the Consumer Financial Protection Bureau (CFPB) filed a lawsuit against a Chicago-based nonbank mortgage lender, for violations of...
Fair Housing & Social Media
Since the Fair Housing Act was enacted as part of the historic 1968 Civil Rights Act, it’s continually been in the news. As complicated as the act...
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