List of articles

Fair Lending Software: Choosing the Best Tool

In recent years, the U.S. federal government has taken concrete steps to clamp down on redlining — the illegal practice of denying services to residents of certain areas based on racial or ethnic composition. The Combatting Redlining Initiative reflects a groundswell...

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Mitigating Redlining Risk: A Bankers’ Guide

In light of recent Department of Justice (DOJ) complaints, banks can draw valuable lessons from the list below on how to avoid redlining and promote fair lending practices. These lessons are essential for ensuring that banks serve the credit needs of the entire...

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CRA Modernization Final Rule Released

The CRA Final Rule was released today, October 24, 2023. The Office of the Comptroller of the Currency (OCC), Board of Governors of theFederal Reserve System (Board), and the Federal Deposit Insurance Corporation (FDIC) areadopting final amendments to their...

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Understanding the New Small Business Lending Rule

The Consumer Financial Protection Bureau (CFPB) recently introduced a new rule regulating small business lending practices. The rule addresses concerns over predatory lending and ensures that small businesses have access to fair and transparent financing options. This...

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ComplianceTech will attend ABA RCC Conference

ComplianceTech is excited to announce its participation in the upcoming American Bankers Association (ABA) Regulatory Compliance Conference from June 13-16, 2023. This conference is a premier event for regulatory compliance professionals in the banking industry, and...

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