Day: November 7, 2024

Discriminatory Lending Practices – Article

( Discriminatory Lending Practices – Article ) ( Articles ) ( Discriminatory Lending Practices ) Discriminatory Lending Practices (DLP) Overview DLP refer to unfair and illegal practices that result in unequal treatment of borrowers based on characteristics such as race, ethnicity, gender, age, or other protected attributes. These practices can lead to higher interest rates, […]

CFPB-PR-241107-1

( CFPB-PR-241107-1 ) (11-07-24) Navy Federal Credit Union Excerpt:  On November 7, 2024, the Bureau issued an order against Navy Federal Credit Union, headquartered in Vienna, Virginia. Navy Federal is the largest retail credit union in the United States, with more than 13 million members with ties to the armed forces, Department of Defense, or […]