A national bank settled CFPB, DOJ and OCC allegations of redlining under the Fair Housing Act, the Equal Credit Opportunity Act and the Consumer Financial Protection Act.
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The CFPB charged a mortgage lender with using exaggerated and misleading home estimates to encourage customers to take out reverse mortgages.
Treasury and the Federal Housing Finance Agency suspended certain requirements of the preferred stock purchase agreements between Treasury and Fannie Mae and Freddie Mac.
The OCC proposed to rescind a June 2020 rulemaking that amended regulations implementing the Community Reinvestment Act for national banks. The OCC proposal would reinstate the 1995 rules adopted by the OCC, the Federal Reserve Board, the FDIC and the former Office of Thrift Supervision.
The OCC will propose rescinding a 2020 rulemaking that amended regulation implementing the Community Reinvestment Act for national banks.