At the 1996 ABA Compliance Conference, the panel of regulators was asked what they considered to be "hot topics" in compliance for the coming year.
Question: Is there a requirement for a fair lender statement in an advertisement for SBA loans?
There is no word yet on the proposal to amend Regulation B to permit collection of information on gender and race for consumer loan applications.
The Department of Justice has agreed in principle that self-assessment for discriminatory practices should be subject to privilege.
The U.S. Department of Justice has filed a discrimination suit against First National Bank of Gordon, Nebraska.