Building a fairer future: How mortgage lenders can learn from recent redlining cases
Mortgage lenders are under increasing regulatory scrutiny over their fair lending practices. The Department of Justice (DOJ) and Consumer Financial Protection Bureau (CFPB) have settled multiple redlining cases, resulting in financial institutions paying millions in penalties and overhauling their compliance programs.
Without a proactive approach, your institution could be next. This whitepaper breaks down enforcement actions from 2023 through early 2025 and key compliance lessons, including:
- Warning signs that trigger regulatory action
- The financial and operational impact of violations
- Steps to assess and mitigate fair lending risks
Download the whitepaper now to stay ahead.
