Will FHFA’s Fair-Lending Office Fill Enforcement Void?
American Banker, June 18, 2019–Hannah Lang (subscription)
Today the FHFA’s Office of Fair Lending Oversight is still somewhat under the radar. It has five employees, technically falls within the agency’s Division of Supervision and has left some observers unclear about its mission. But the new office has offered hope to consumer advocates who were alarmed at efforts by the Consumer Financial Protection Bureau and HUD to cut back on fair-lending enforcement.