Data Limitations and the Fragmented U.S. Financial Regulatory Structure Challenge Federal Oversight and Enforcement Efforts

Brown, Orice Williams
August 2009
GAO Reports;8/12/2009, preceding p1
Government Documents
The article reports on a study conducted by the U.S. Government Accountability Office (GAO) to check the oversight and enforcement of fair lending under the Fair Housing Act (FHA) and the Equal Credit Opportunity Act (ECOA). The study includes interviews of pertinent agency officials, lenders and an analysis of fair lending laws. The GAO recommends that Congress should consider options such as requiring larger lenders to report additional data to detect potential fair lending violations.


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