Fair Lending news and trends

Wells Fargo Predatory Lending Lawsuit Allowed to Proceed
Legal // March 28, 2018

A federal judge has ruled that a lawsuit against Wells Fargo & Co. can proceed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

U.S. Prosecution of Lending Bias Cases to Drop?
News // March 08, 2017

The past few years have been marked by prosecutions by the federal government of lending bias, but the pace may slow under the newly installed Trump administration, The New York Times reports. Get the Full Story Complete the form to unlock this article and enjoy...

New CFPB Supervision Head Under Fire
CFPB // August 18, 2016

Controversy is swirling around a recent appointment to one of the top positions at the Consumer Financial Protection Bureau, and as American Banker reported on Wednesday (Aug. 17), the scrutiny revolves around the newly installed head of supervision and enforcement of fair lending. Get the Full Story...

Quick Reads
CFPB Says Lenders Must Explain AI-Driven Credit Denials

September 19, 2023
The Consumer Financial Protection Bureau (CFPB) has released guidance for lenders who utilize artificial intelligence (AI) and complex models in their credit decision-making processes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this […]

Wells Fargo Predatory Lending Lawsuit Allowed to Proceed

March 28, 2018
A federal judge has ruled that a lawsuit against Wells Fargo & Co. can proceed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

U.S. Prosecution of Lending Bias Cases to Drop?

March 08, 2017
The past few years have been marked by prosecutions by the federal government of lending bias, but the pace may slow under the newly installed Trump administration, The New York...

New CFPB Supervision Head Under Fire

August 18, 2016
Controversy is swirling around a recent appointment to one of the top positions at the Consumer Financial Protection Bureau, and as American Banker reported on Wednesday (Aug. 17), the scrutiny revolves around...