Fair Housing Home Loan Data System
Summary
The federal government is proposing a new system to collect and track data about home loans to ensure banks are lending fairly to people of all backgrounds. This rule aims to prevent discriminatory lending practices by making it easier to identify patterns where certain groups of people are treated differently when applying for mortgages.
Key Points
- 1Banks will be required to report detailed information about their home loan applications and approvals to help regulators spot unfair lending patterns
- 2The system will track applicant information like race, ethnicity, and income to identify whether some groups face higher rejection rates or worse loan terms
- 3The Office of the Comptroller of the Currency (OCC), which oversees banks, is proposing this rule and wants public feedback by December 19, 2025
- 4The data collected will help federal regulators enforce fair housing laws and hold banks accountable for discriminatory practices
- 5This rule affects all banks and mortgage lenders that the OCC supervises
Key Dates
November 18, 2025
This summary is for informational purposes only. It may not capture all nuances of the regulation. Always refer to the official text for authoritative information.
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