The poster child for how the regulatory approach to fair lending is failing is Nixon State ... let alone a fair return on capital. The FDIC in its analysis of small-dollar lending, has found that ...

In March, some New England area banks received notice from the Federal Deposit Insurance Corporation (FDIC) New York Division of Supervision ... of the Equal Credit Opportunity Act (ECOA) for Fair ...

received a cease-and-desist order from the Federal Deposit Insurance Corp. over what the agency said were “unsafe or unsound” practices related to fair-lending laws. The bank failed to ...

The FDIC has slapped Cross River Bank in Teaneck, New Jersey, with a consent order saying it engaged in unsafe or unsound banking practices related to fair lending regulations. The order was issued in ...

At a high level, the consent order requires CRB to do the following: Below are areas of concern highlighted by the FDIC in connection with CRB’s credit offerings: Fair Lending Compliance When ...

The Federal Deposit Insurance Corporation said in a consent order that the practices were related to Cross River's compliance with fair lending laws ... said the FDIC's action had nothing to ...

The Federal Deposit Insurance Corporation (FDIC) has requested Cross River ... practices regarding its compliance with applicable fair lending laws and regulations in 2021. Despite accepting ...

Cross River Bank in Fort Lee was issued a cease and desist order by the Federal Deposit Insurance Corp. over allegedly “unsafe or unsound banking practices” related to fair-lending laws.

The FDIC found issues with Cross River Bank's compliance with fair lending laws and regulations, citing failures in internal controls, information systems and credit underwriting practices.

In fact, regulators recently signaled that fair lending in the student loan space could be a focal point for examination. In March 2022, the Federal Deposit Insurance Corporation (FDIC ...