Q. Exactly exactly What part has got the CFPB played in ferreting down discrimination in house financing?
A. The CFPB helped detect discrimination in lending by collecting detailed data on new mortgages, including the borrowerâ€™s race and location until this year. Without that information, it may become more tough to identify such discrimination, not to mention do just about anything about any of it. The CFPB justified its suspension of data-gathering by citing â€œoperational challengesâ€ banking institutions and other lenders faced because of the pandemic. Democratic lawmakers have expected the agency to resume data that are collecting but to date it offers perhaps not done this.