United States: CFPB Interpretive Rule On Lending Discrimination Now In Effect - Cadwalader, Wickersham & Taft LLP

United States: CFPB Interpretive Rule On Lending Discrimination Now In Effect - Cadwalader, Wickersham & Taft LLP

Mondaq

Published

A CFPB interpretive rule was published in the Federal Register providing that sex discrimination by lenders, including on the basis of sexual orientation and gender identity, is prohibited under the Equal Credit Opportunity Act ("ECOA") and CFPB Regulation B.

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