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Federal Regulators Issue Joint Statement on the Use of Alternative Data in Credit Underwriting
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12/03/2019
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Press Release Number:PR-117-2019
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Release Date:12/03/2019
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Update Date:12/04/2019
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Agencies Involved:Federal Deposit Insurance Corporation (FDIC);Board of Governors of the Federal Reserve System (The Fed);Consumer Financial Protection Bureau (CFPB);Office of the Comptroller of the Currency (OCC);National Credit Union Administration (NCUA);
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Law Involved:Equal Credit Opportunity Act (ECOA);Fair Credit Reporting Act (FCRA);
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Source:FDIC Website
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