"The NCRC announced on Wednesday a tip line for anyone who believes fair lending laws have been violated, saying it has the expertise to investigate and the resources to take action when warranted. Individuals can submit confidential complaints regarding potential violations of the Equal Credit Opportunity Act, Fair Housing Act, redlining, or unfair, deceptive or abusive acts or practices. Advocacy organizations have a key role to play in filling the gaps this administration is creating, Van Tol said."
"Van Tol said in a statement that the Office of the Comptroller of the Currency (OCC) has reportedly stopped fair lending examinations, while the Consumer Financial Protection Bureau (CFPB) has reversed enforcement actions related to discrimination and deceptive practices. He also cited staffing cuts and political interference affecting professional practices at the Federal Deposit Insurance Corp. (FDIC) and the National Credit Union Administration (NCUA)."
"Wolters Kluwer's regulatory violations intelligence index shows that total enforcement actions against financial services firms fell 37% between the final six months of 2024 and the first six months of 2025. Across the index's categories competition, consumer protection and financial there were 99 enforcement actions in the first half of 2025 under the Trump administration compared to 158 in the prior six-month period under the Biden administration."
The National Community Reinvestment Coalition launched a confidential tip line for suspected fair-lending violations and offers investigation expertise and resources to act. Individuals may report potential Equal Credit Opportunity Act, Fair Housing Act, redlining, or unfair, deceptive, or abusive practices. The group warns of weakened federal oversight as the OCC reportedly stopped fair lending exams, the CFPB reversed certain enforcement actions, and staffing cuts plus political interference affected the FDIC and NCUA. Wolters Kluwer data show a 37% drop in enforcement actions against financial firms between late 2024 and the first half of 2025, with consumer-protection actions also falling. Advocacy organizations and researchers are prepared to monitor and fill enforcement gaps.
Read at www.housingwire.com
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