The CFPB adopted rules amending provisions under the Equal Credit Opportunity Act (ECOA). The adopted rules: provide creditors additional flexibility in complying with ECOA in order to facilitate compliance with the Home Mortgage Disclosure Act; add new model forms and remove an existing outdated form; and make various other amendments to facilitate the collection and retention of information about the ethnicity, sex, and race of certain mortgage applicants. The adopted rules become effective January 1, 2018.
CFPB
CFPB Amends Fair Credit Reporting Act with respect to Medical Information
The CFPB adopted rules amending the Fair Credit Reporting Act (FCRA) with respect to medical information. Per the rule adoption, the CFPB removed an exception
January 16, 2025
