Latest Lending - ADA Topics

Question: I recently went to a seminar on fair lending in which a speaker stated that we should not be taking copies of loan applicants' drivers licenses.

In keeping with its annual schedule for updating the Regulation Z commentary, the Federal Reserve Board has proposed revisions to the commentary.

In what may be the most significant cost savings actions of the year, compared to what might have been, the Board of Governors of the Federal Reserve System has withdrawn the proposal to amend Regu

Managing a compliance program for fair lending has always been difficult because so much of fair lending turns on the fact situation and how it is viewed.

As more and more banks develop a home page on the internet, they are finding that there are some interesting compliance aspects of banking in cyberspace.