Knowledge Tree
Relations (1)
related 2.58 — strongly supporting 5 facts
The Consumer Financial Protection Bureau and the Department of Housing and Urban Development are federal agencies that collaborate on regulatory reporting and fair lending enforcement, as evidenced by their joint consultation on HMDA data requirements [1], [2] and their shared membership in interagency task forces and working groups [3], [4], [5].
Facts (5)
Sources
Fair Lending Report of the Consumer Financial Protection Bureau federalregister.gov 5 facts
claimThe Interagency Working Group on Fair Lending Enforcement is a standing working group of Federal agencies, including the Consumer Financial Protection Bureau (CFPB), the Department of Justice (DOJ), the Department of Housing and Urban Development (HUD), and the Federal Trade Commission (FTC), that meets regularly to discuss issues relating to fair lending enforcement.
procedureThe Consumer Financial Protection Bureau (CFPB) is required to report annually, in consultation with the Department of Housing and Urban Development (HUD), on the utility of the Home Mortgage Disclosure Act (HMDA) requirement that covered lenders itemize certain mortgage loan data.
claimThe Consumer Financial Protection Bureau (CFPB), in consultation with the Department of Housing and Urban Development (HUD), finds that the itemization and tabulation of HMDA data furthers the purposes of the Home Mortgage Disclosure Act.
claimThe Interagency Task Force on Fair Lending consists of the Consumer Financial Protection Bureau (CFPB), the Department of Housing and Urban Development (HUD), the Federal Trade Commission (FTC), the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board (FRB), the National Credit Union Administration (NCUA), the Office of the Comptroller of the Currency (OCC), the Department of Justice (DOJ), and the Federal Housing Finance Agency (FHFA).
claimConsumer Financial Protection Bureau (CFPB) personnel meet regularly with personnel from the Department of Justice (DOJ), the Department of Housing and Urban Development (HUD), the Federal Trade Commission (FTC), the Federal Housing Finance Agency (FHFA), State Attorneys General, and prudential regulators to coordinate and discuss the CFPB's fair lending work.