Race discrimination

HUD promotes former CFPB official criticized for blog posts

11/08/19

Eric Blankenstein, who resigned from the Consumer Financial Protection Bureau in May after the discovery of his racially charged writings, was named acting executive vice president of Ginnie Mae.

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CFPB extends temporary HMDA relief for small institutions

10/10/19

Institutions that offer fewer than 500 open-end lines of credit will get another two-year exemption from reporting requirements under the Home Mortgage Disclosure Act.

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From rising star to center stage: JPMorgan Chase's Thasunda Duckett

10/02/19

When she was growing up, Thasunda Duckett's family used crates as furniture and struggled to buy groceries. Now she's become one of JPMorgan Chase's most visible executives, using the lessons of her past to help guide the company's massive branch expansion

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'The assault here is on due process': Comments of the Week

09/12/19

Readers react to the Trump administration's release of a housing finance reform plan, a proposal by HUD to redefine "disparate impact," and challenger bank claims they can end bank fees for good.

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AI becoming part of TD Bank’s DNA

09/12/19

The bank has been deploying artificial intelligence in every business line, conducting research to find out what consumers think about the technology, and holding a roundtable with experts to define "responsible" AI.

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Bankers set to deliver weak guidance; Tech funds looks to payment firms

09/09/19

The six biggest banks are expected to issue disappointing forecasts as rates continue to decline; technology stock mutual funds scored with payment plays.

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HUD’s assault on fair lending

09/06/19

With its proposal to restrict disparate-impact claims, the Trump administration seems determined to solve a problem that does not exist.

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HUD plan to alter anti-discrimination rule called 'deeply cynical'

08/16/19

The agency says the "disparate impact" standard needs to be amended to align with a recent Supreme Court ruling. But consumer advocates say the change would make it more difficult for borrowers to allege discrimination under the Fair Housing Act.

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AI use carries bias risk for financial regulators

08/16/19

Agencies like Fincen and Finra that use machine learning must pay close attention to potential bias in supervisory algorithms, especially with data on women and minorities.

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HUD plan would raise bar for claims of fair-lending abuse

07/31/19

Under a proposal yet to be officially unveiled, plaintiffs relying on the so-called “disparate impact” doctrine would have to show a more direct link between a lender’s policy and discriminatory effect.

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