CRA provided analytical support for regulatory reviews for banking clients facing investigations by the CFPB, the FDIC, the Federal Reserve Board and the Office of the Comptroller of the Currency. Our analyses revealed there was no evidence of fair lending compliance issues when mortgage lending decisions were modeled properly.
What CFPB enforcement history reveals about future priorities
The authors analyze the enforcement activity under each of the directors who served the CFPB since its inception and the civil money penalties collected by...