30 Nov 2021
Fair Lending Laws and Enforcement Trends
The Consumer Financial Protection Bureau is authorized to enforce fair lending practices. As fair lending and racial equity take center stage in the Biden Administration, take steps now to review fair lending laws and compliance requirements.
Related Content
- Payday Loans and Regulatory Considerations
The Consumer Financial Protection Bureau continues to be especially active when it comes to enforcement of payday lending laws. This practice note provides insight into payday lending state and federal laws, regulatory oversight, and enforcement authority as it relates to payday lending.
- Interest Rate Exportation and Related Lending Issues
Access timely information to aid in advisory on federal and state laws and regulations regarding usury, interest rate exportation, and the authority of insured depository institutions to select the most favorable interest rate in lending transactions.
- Preemption in Banking Law and Regulation
Examine potential conflicts arising under state and federal banking law and gain an understanding of the implications of federal preemption in U.S. banking regulation.
- Online Marketplace Lending
Marketplace lenders are lending through innovative technology and alternative data. This practice note provides a comprehensive view of “online marketplace lending” and the applicable financial laws and regulations governing this area.
Practical Guidance Updates
Featuring the latest updates from your Practical Guidance account.
- Payday Lending State Law Survey and Interest Rates and Usury State Law Survey are just some of the valuable resources providing relevant state laws and regulations for each of the 50 U.S. states.
- Fair Lending Regulation Resource Kit provides practice notes, templates, clauses, and key checklists including Evaluating Fair Lending Compliance Programs Checklist and Fair Lending Laws Compliance Checklist for lenders to use in evaluating the sufficiency of internal fair lending law compliance policies and ensuring compliance with relevant federal and state consumer protection laws in place to level the playing field for all consumers.
- The Practical Guidance Journal Fall Edition features guidance as financial institutions gear up for climate-related risk implications under Executive Order 14030.
- Check out the new Practical Guidance Author Center! Learn about the 1500+ leading attorney authors contributing to our 20 practice areas, and find out how you can Become a Practical Guidance Author.
- Document alerts are now available in Practical Guidance. This allows you to stay current on legal developments that affect your practice. Find out how to set up your document alerts.
Experience results today with practical guidance, legal research, and data-driven insights—all in one place.
Experience Lexis+