The FFIEC agencies reported that the most frequently cited violations during examinations for compliance with the Equal Credit Opportunity Act (ECOA) and Regulation B in 2023 involved discrimination on a prohibited basis in a credit transaction and improperly requiring the signature of an applicant's spouse or other person, as defined in 12 CFR 1002.4 and 1002.7(d)(1).

Authors

• Person: Not available Organization: Consumer Financial Protection Bureau
  Fair Lending Report of the Consumer Financial Protection Bureau

Sources

• Fair Lending Report of the Consumer Financial Protection Bureau www.federalregister.gov Consumer Financial Protection Bureau via serper

Referenced by nodes (2)

• Equal Credit Opportunity Act concept
• Regulation B concept