CFPB, DOJ Order Trident Mortgage Company to Pay More Than $22 Million for Deliberate Discrimination Against Minority Families

Today, the Consumer Financial Protection Bureau (CFPB) and U.S. Department of Justice (DOJ) took action to end Trident Mortgage Company’s intentional discrimination against families living in majority-minority neighborhoods in the greater Philadelphia …

Today, the Consumer Financial Protection Bureau (CFPB) and U.S. Department of Justice (DOJ) took action to end Trident Mortgage Company’s intentional discrimination against families living in majority-minority neighborhoods in the greater Philadelphia area.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-doj-order-trident-mortgage-company-to-pay-more-than-22-million-for-deliberate-discrimination-against-minority-families/

Director Chopra’s Prepared Remarks at a Joint DOJ, CFPB Press Event on the Trident Enforcement Action

Director Chopra delivered remarks on redlining at the joint press event.

Director Chopra delivered remarks on redlining at the joint press event.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/director-chopras-prepared-remarks-at-a-joint-dof-cfpb-press-event-on-the-trident-enforcement-action/

Deputy Director Zixta Martinez’s Prepared Remarks at the FDIC Meeting of the Advisory Committee on Economic Inclusion

Deputy Director Martinez delivered opening remarks during the FDIC’s ComE-IN meeting on June 28, 2022.

Deputy Director Martinez delivered opening remarks during the FDIC’s ComE-IN meeting on June 28, 2022.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/deputy-director-zixta-martinezs-prepared-remarks-at-the-fdic-meeting-of-the-advisory-committee-on-economic-inclusion/

CFPB Director Chopra Statement on Appraisal Task Force Report

Consumer Financial Protection Bureau Director Rohit Chopra issued a statement regarding the final report of the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE).

Consumer Financial Protection Bureau Director Rohit Chopra issued a statement regarding the final report of the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE).

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-director-chopra-statement-on-appraisal-task-force-report/

Statement by CFPB Director Rohit Chopra on HUD Guidance on Special Purpose Credit Programs

Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra issued the following statement: Earlier today, the U.S. Department of Housing and Urban Development released guidance clarifying that special purpose credit programs that conform with th…

Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra issued the following statement: Earlier today, the U.S. Department of Housing and Urban Development released guidance clarifying that special purpose credit programs that conform with the Equal Credit Opportunity Act and Regulation B generally do not violate the Federal Fair Housing Act.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/statement-by-cfpb-director-rohit-chopra-on-hud-guidance-on-special-purpose-credit-programs/

Opening Statement of Director Rohit Chopra before the House Committee on Financial Services

Director Rohit Chopra’s opening statement before the House Committee on Financial Services.

Director Rohit Chopra's opening statement before the House Committee on Financial Services.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/opening-statement-director-rohit-chopra-before-house-committee-financial-services/

Remarks of Director Rohit Chopra at a Joint DOJ, CFPB, and OCC Press Conference on the Trustmark National Bank Enforcement Action

Director Rohit Chopra remarks at the joint DOJ, CFPB, and OCC press conference on the Trustmark National Bank enforcement action.

Director Rohit Chopra remarks at the joint DOJ, CFPB, and OCC press conference on the Trustmark National Bank enforcement action.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/remarks-of-director-rohit-chopra-at-a-joint-doj-cfpb-and-occ-press-conference-on-the-trustmark-national-bank-enforcement-action/

Prepared Remarks of Acting Director Dave Uejio at the NFHA’s Virtual Forum on Special Purpose Credit Programs

Acting Director Dave Uejio remarks at the National Fair Housing Alliance’s Virtual Forum on Special Purpose Credit Programs

Acting Director Dave Uejio remarks at the National Fair Housing Alliance’s Virtual Forum on Special Purpose Credit Programs

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/prepared-remarks-acting-director-dave-uejio-nfhas-virtual-forum-special-purpose-credit-programs/

CFPB Proposes Rule to Shine New Light on Small Businesses’ Access to Credit

The Consumer Financial Protection Bureau (CFPB) today proposed a new rule designed to help small businesses gain access to the credit they need and deserve by increasing transparency in the lending marketplace.

The Consumer Financial Protection Bureau (CFPB) today proposed a new rule designed to help small businesses gain access to the credit they need and deserve by increasing transparency in the lending marketplace.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-proposes-rule-to-shine-new-light-on-small-businesses-access-to-credit/

Remarks of Acting Director Dave Uejio at the Press Call on the Small Business Lending Proposed Rule

Acting Director Dave Uejio remarks at the press call on the small business lending proposed rule.

Acting Director Dave Uejio remarks at the press call on the small business lending proposed rule.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/remarks-acting-director-dave-uejio-press-call-small-business-kending-proposed-rule/