CFPB Issues Fair Lending Priorities for 2017

A December 16, 2016 blog post on the Consumer Financial Protection Bureau's (CFPB) website announced that CFPB's Office of Fair Lending would be increasing its monitoring to ensure institutional compliance in three particular areas: redlining, mortgage and student loan servicing, and small business lending.

Associate Director of the CFPB's Fair Lending Office Patrice Ficklin, who authored the blog, noted that these three markets present substantial risk that consumers may be discriminated against on the basis of their race or ethnicity. In establishing areas of focus, Ficklin stated "we re-prioritize our work from time to time, to make sure that we are focused on the areas of greatest risk to consumers."

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