Bureau corrects omission of national origin discrimination complaint in fair-lending report

A notice of a correction to a fair lending report issued earlier this year – which details an omission of a complaint of discrimination regarding national origin – is outlined by the federal consumer financial protection agency in a notice released Monday.

In its notice of correction, scheduled to be published Tuesday in the Federal Register, the Consumer Financial Protection Bureau (CFPB) said that in its Fair Lending Annual Report to Congress, published on June 28, 2019, the bureau “inadvertently omitted a 2018 referral by an FFIEC (Federal Financial Institutions Examination Council) agency to the DOJ (Department of Justice) involving discrimination in violation of ECOA (Equal Credit Opportunity Act).”

According to the CFPB notice, under federal law, the bureau is required to report annually on the enforcement actions taken by each agency that is part of the FFIEC and assigned administrative enforcement responsibilities under the ECOA.

“Unfortunately, the Bureau inadvertently omitted a 2018 referral by an FFIEC agency to the DOJ involving discrimination in violation of ECOA,” the notice states.

It notes that Section 8.2, on page 30 of the corrected report (issued Sept. 25 in the bureau’s latest Fair Lending Report), two FFIEC agencies made referrals to the DOJ involving discrimination in violation of ECOA in 2018.

“The National Credit Union Administration (NCUA) made a referral to the DOJ on the basis of marital status discrimination and the FDIC made a referral to the DOJ on the basis of national origin discrimination. The report as originally published did not include the referral made by the FDIC and is hereby corrected in the text and on the chart on page 30,” the notice states.

Correction to the Fair Lending Report of the Bureau of Consumer Financial Protection

 

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