The agency flagged faulty risk management and other issues at the Federal Home Loan Bank of Des Moines and Federal Home Loan Bank of San Francisco in exams conducted last year.

Though outlawed by the Fair Housing Act in 1968, the racist housing practice perpetuated a wealth gap for Black people still widening today.

IBM called for rules aimed at eliminating bias in artificial intelligence to address concerns which range from identifying faces in security-camera footage to making determinations about mortgage rates.

The Department of Housing and Urban Development has proposed an overhaul of an Obama-era rule meant to guide local jurisdictions in how they comply with the Fair Housing Act.

The two Democrats sent a letter "raising grave concerns about whether the bureau is fulfilling its statutory obligations."

Better.com saw huge growth in mortgages to traditionally underserved customer bases in 2019 and believes digital applications led to the avoidance of discriminatory lending.

Despite assurances by Director Kathy Kraninger that the agency is cracking down on discrimination, it has not filed an enforcement action or sent a Department of Justice referral on a fair-lending violation in two years.

House Democrats described the disparate impact standard as "the most important tool" for enforcing the Fair Housing Act.

Eric Blankenstein, who resigned from the Consumer Financial Protection Bureau in May after the discovery of his racially charged writings, was named acting executive vice president of Ginnie Mae.

Gentrification and rapid home price growth have intensified the loss of wealth the African-American community experienced post-crisis, widening the chasm between what white and black borrowers can afford, Redfin found.