Washington, D.C. (April 23, 2024) – Asurity Advisors, LLC, a leading provider of regulatory risk and compliance consulting services to […]
Tag: Advisory
Credit Algorithms, Disparate Impact, and The Search For Less Discriminatory Alternatives
(Originally published in ABA Risk and Compliance, July/August 2023) Bill Fair and Earl Isaac created the first modern credit scoring […]
Accuracy of Adverse Action Notices
On November 8, 2023, the Consumer Financial Protection Bureau (“CFPB”) entered into a consent order with a major bank to […]
Mortgage Lending Risks: Lessons from the CFPB’s Data Point: 2022 Mortgage Market Activity and Trends
In September 2023, the Consumer Financial Protection Bureau (“CFPB”) released Data Point: 2022 Mortgage Market Activity and Trends (“Data Point”).[1] […]
Loan Servicing Fees: A Consumer Protection Perspective
Loan servicing fees are charges imposed by loan servicers to manage and administer a borrower’s loan. These fees cover a […]
CFPB States Reopening Closed Accounts May Violate The CFPA
On May 10, 2023, the Consumer Financial Protection Bureau (“CFPB”) issued Consumer Financial Protection Circular 2023-02 (“CFPC 2023-02” or the […]