The Trump administration claims quotas for low-income borrowers hurt the middle class. Consumer groups say multitudes of working class and minority homebuyers will be sent packing.
Loopholes in new law mean credit bureaus will still be able to sell applicants' information to their current lender, servicer or bank — a boon for lenders who also service their own loans
Modest pilot program approved by federal regulators was opposed by banks who have traditionally provided most home equity loans, but nonbank lenders have already made inroads