On March 28, 2024, the FDIC updated sections of the Consumer Compliance Examination Manual. The Consumer Compliance Examination Manual is a primary resource and reference tool for FDIC compliance examination staff when conducting Consumer Compliance and CRA examinations. It incorporates examination policies, procedures, and guidance and is available on the FDIC website as a resource for FDIC staff, bankers, and other members of the public.

On March 27, 2024, the CFPB announced that the HMDA Modified Loan Application Register (LAR) data for 2023 are now available on the FFIEC’s HMDA Platform for approximately 5,089 HMDA filers. The published data contain loan-level information filed by financial institutions and modified to protect consumer privacy.

On March 26, 2024, the federal and state agencies, CFPB, released agency-specific action statements on tech capacity. According to the CFPB press release, these statements reflect concrete actions to increase tech capacity to help enforce the laws on the book and design remedies that work for consumers, workers, small businesses, and others in the digital era.

On March 25, 2024, the HUD announced that the it has charged the Grapevine Housing Authority (GHA), Jane Everett (Executive Director of GHA), and Bonnie McHugh (Vice-Chair of the GHA Housing Commission), with discriminating against, and failure to provide a reasonable accommodation for a tenant with a disability. Principal Assistant Deputy Secretary Demetria L. McCain said in a statement that the HUD’s action demonstrates the agency’s steadfast commitment to take appropriate action when housing providers fail to comply with the Fair Housing Act.

On March 25, 2024, Acting Comptroller of the Currency Michael J. Hsu talked about fairness and effective compliance risk management in his remarks at the Consumer Bankers Association (CBA) LIVE event. The event was held in Washington D.C. with the theme “For the People”.

On March 19, 2024, the FDIC issued letters demanding three companies and certain associated parties to cease and desist from making false and misleading statements about FDIC deposit insurance. PrizePool, Inc., AmeriStar, LLC, and HighLine Gold, LLC were asked to take immediate corrective action to address the said false or misleading statements. 

On March 8, 2024, the CFPB published an article regarding the Appraisal Subcomittee’s’ (ASC) recent hearing on appraisal bias where the committee examined how state and federal regulators can address appraisal bias and increase diversity in the profession. The ASC of the provides federal oversight of state appraisal regulatory programs, and is chaired by CFPB Deputy Director Zixta Martinez.