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NCRC, Innovation Council Call For CFPB To Clarify Lender Demographic Data Guidance

The National Community Reinvestment Coalition (NCRC) and a majority of its Innovation Council for Financial Inclusion (IC) called on the Consumer Financial Protection Bureau (CFPB) to clarify how lenders can request and use customer demographic data including race. Such clarity would help lenders to self-test for fair lending by soliciting such data. Federal fair lending

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