On May 6, 2020, the CFPB issued an ECOA/Regulation B “Compliance Aid” containing three FAQs that clarify certain issues related to notification of action taken on Small Business Administration (“SBA”) ...
On November 13, the Consumer Financial Protection Bureau published a Notice of Proposed Rulemaking proposing various revisions to Regulation B. These revisions would impact whether disparate impact is ...
Regulation B - [12 CFR 202 - Equal Credit Opportunity] - prohibits creditors from discriminating in any aspect of credit against applicants on the basis of any one of nine different factors: age, race ...
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