Discrimination in Home Mortgage Lending: Hearing Before the Subcommittee on Consumer and Regulatory Affairs of the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred First Congress, First Session, on Statistical Evidence of Discrimination Currently Available and Recommendations for what More Needs to be Done to Eliminate Discrimination in Home Mortgage Lending, October 24, 1989, Volume 4 |
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analysis applicant's appraisal areas bank's census tracts Chairman Civil Rights Committee Community Reinvestment Act complaints Credit Opportunity Act depository institutions determine Detroit Development discriminatory lending practices ECOA enforcement Equal Credit Opportunity factors Fair Housing Act fair lending laws FDIC federal financial Federal Home Loan Federal Reserve Board Federal Reserve System financial institutions FIRREA FISHBEIN groups HERRMANN HMDA home improvement Home Loan Bank Home Mortgage Disclosure income investigation lenders lending patterns loan applications Loan Bank Board loan discrimination member banks ment Metropolitan Statistical Areas minority neighborhoods mortgage companies Mortgage Disclosure Act mortgage discrimination mortgage lending discrimination mortgage loan percent policies problem procedures prohibited basis race racial redlining regulations regulatory agencies rejected request responsibilities S&Ls safety and soundness savings and loan Section Senator DIXON statement statistical supra note tion Urban violations
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Page 251 - Includes the Office of the Comptroller of the Currency; the Federal Deposit Insurance Corporation; the Federal Home Loan Bank Board; the...
Page 76 - As set forth in the act, compliance with the act and this regulation is enforced by the Comptroller of the Currency, the Federal Reserve Board, the Federal Deposit Insurance Corporation, the Federal Home Loan Bank Board, and the National Credit Union Administration.
Page 55 - Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant's income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act.
Page 67 - ... to deny a loan or other financial assistance to a person applying therefor for the purpose of purchasing, constructing, improving, repairing, or maintaining a dwelling...
Page 68 - ... that is not comprised of designated PMSAs, as defined by the Office of Management and Budget, or which has total assets as of December 31 of the preceding calendar year of $10 million or less is not required to keep a log-sheet described in paragraph (a)(2)(iv) of this § 338.4 but shall request and...
Page 88 - Federal supervisory authority to "assess the institution's record of meeting the credit needs of its entire community, including low- and moderate-income neighborhoods, consistent with the safe and sound operation of such institution...
Page 67 - No franchisor shall discriminate in the granting of franchises solely because of the race, color, religion, sex, or national origin of the franchisee and the racial, ethnic, religious, or national origin composition of a neighborhood or geographic area in which the franchise is located.
Page 88 - The geographic distribution of the institution's credit extensions, credit applications, and credit denials. Determine whether there is any indication of a geographic distribution of credit extensions, applications for credit, and credit denials which would signify failure to serve selected areas of local communities, particularly low- and moderate-income neighborhoods.
Page 89 - State member bank's origination of residential mortgage loans, housing rehabilitation loans, home improvement loans, and small business or small farm loans within its community, or the purchase of such loans originated in Its community...
Page 81 - Statechartered banks involved have been helping to meet the credit needs of their entire communities, including low- and moderate-income neighborhoods, consistent with the safe and sound operation of those banks.