Affirmatively Furthering Fair Housing -- The Role of Financial Regulators

Abstract

This paper reviews the statutory and regulatory duty of financial regulators to Affirmatively Further Fair Housing. The paper analyzes existing statutory and regulatory tools available to assist the regulators in meeting their duty to affirmatively further fair housing purposes. The paper recommends affirmative steps to affirmatively further fair housing utilizing specific provisions of Regulations A, B and BB. Finally, the paper concludes that financial regulators have sufficient authority to carry out their duty to affirmatively further the purposes of the Fair Housing Act.