Blog

CFPB Deputy Director Zixta Martinez discusses changes at the ASC since she became Chair in 2022, including enhanced state oversight, landmark hearings on appraisal bias, and improved collaboration with The Appraisal Foundation to create a more equitable and accountable appraisal industry.

The CFPB releases its Fair Lending Annual Report to Congress, describing its fair lending activities in enforcement and supervision; guidance and rulemaking; interagency coordination; and outreach and education for calendar year 2023.

La CFPB publica su Reporte Anual al Congreso sobre la equidad en el crédito, describiendo las actividades ejecutorias y de supervisión, de orientación y normativas, y de difusión y educación, realizadas durante el año 2023.

On February 13, the Appraisal Subcommittee (ASC) held a public hearing on appraisal bias, including an examination of The Appraisal Foundation.

On November 1, the Appraisal Subcommittee – which has a seven-member federal agency board including the CFPB – will hold its next public hearing to discuss the challenges and solutions to preventing bias in the home appraisal process. Members of the public are encouraged to attend.

Continuaremos tomando los pasos necesarios para garantizar que todos los consumidores, incluyendo los inmigrantes, tengan acceso equitativo a oportunidades de crédito.

The CFPB will continue to take steps to ensure that all consumers, including immigrants, have equal access to credit opportunities.

The CFPB releases its Fair Lending Annual Report to Congress, describing its fair lending activities in enforcement and supervision; guidance and rulemaking; interagency coordination; and outreach and education for calendar year 2022.

CFPB entrega al Congreso su Reporte Anual sobre la Equidad en el Crédito, describiendo nuestras actividades en el año 2022.

The CFPB filed an amicus brief to protect consumers’ right to challenge discrimination under the Equal Credit Opportunity Act.

Hemos introducido una Declaración de Interés junto al Departamento de Justicia para proteger a compradores y propietarios de viviendas de tasaciones discriminatorias.

Estamos tomando un nuevo paso para asegurar que las decisiones tomadas por modelos automáticos, a veces mercadeadas como inteligencia artificial, sean responsables.

Today, the CFPB is taking another step toward ensuring accountability for automated decision models, sometimes marketed as artificial intelligence (AI).

This week, we filed a Statement of Interest to protect people from discriminatory targeting.

This week, the CFPB filed a joint Statement of Interest with the Department of Justice to protect homebuyers and homeowners from discriminatory appraisals.

The CFPB joins with other regulators in asking The Appraisal Foundation to clearly instruct appraisers about the federal law forbidding appraisal discrimination.

Nos hemos unido a otros reguladores para pedirle a la Fundación de la Tasación que instruya a los tasadores sobre la ley federal que prohíbe la discriminación.

The CFPB is working to identify and address the financial needs of immigrant consumers.

This report describes our fair lending activities in supervision, enforcement, guidance and rulemaking, interagency coordination, and outreach and education for calendar year 2021.

Vigorous enforcement of the Equal Credit Opportunity Act is essential for us to achieve broader equity and opportunity. The CFPB will prioritize enforcement of the Act to ensure that no one is discriminated against with respect to any aspect of a credit transaction.

The Consumer Financial Protection Bureau has a launched a new initiative to focus on financial issues facing rural America. Our effort will initially focus on rural banking deserts, discriminatory and predatory agricultural credit, and manufactured housing.

The CFPB joins with other regulators in asking The Appraisal Foundation to clearly instruct appraisers about the federal law forbidding appraisal discrimination.

Release of report outlining diversity and inclusion based on public facing data and information reported to the Bureau.

This week CFPB partnered with other agencies to oppose a dangerous threat to our nation’s civil rights laws, specifically related to the Equal Credit Opportunity Act, or ECOA.

The CFPB encourages programmers, data scientists and others with knowledge of the algorithms and technologies used by companies, and who know of potential discrimination or other misconduct within our authority, to report it to the CFPB.