OIG: Office of Inspector General

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Revised Timing Goals for Certain Fair Lending Matters</a></h3> <div class="featureBody"> <p>In January 2021, the Board implemented a revised review process for submitting and reviewing high-risk redlining matters to improve efficiency. <em>Redlining </em>is illegal discrimination that occurs when a lender provides unequal access to credit, or unequal terms of credit, because of the race, color, national origin, or other prohibited characteristics of the residents of the area where the prospective borrower resides, plans to reside, or seeks to obtain a mortgage on a residential property</p><p class="read-full-text">... <a href="/reports/board-timing-goals-fair-lending-feb2025.htm">Read full text</a></p> </div> <span class="image-attribution"></span> </div>  <div class="container purpose-statement"> <p><a href="/introduction.htm" title="Learn more about the OIG">The OIG provides independent oversight of the Board and the CFPB to improve their programs and operations and to prevent and detect fraud, waste, and abuse.</a></p> </div>  <div class="container-latest-activity clearfix"> <h2 class="latest-activity">Latest OIG activity by agency</h2> <div class="col board"> <h3 class=" label"><a href="/board-activity.htm">Board</a></h3> <div id="sidebar" class="board"> <div class="tabs-1"> <ul class="items"> <li class="clearfix"> <h4 class="teaser"><span style="text-transform:uppercase;">Report</span>: February 5, 2025</h4> <p><a href="/reports/board-timing-goals-fair-lending-feb2025.htm">The Board and the Reserve Banks Generally Met the Revised Timing Goals for Certain Fair Lending Matters</a></p> </li> <li class="clearfix"> <h4 class="teaser"><span style="text-transform:uppercase;">News Release</span>: January 31, 2025</h4> <p><a href="https://www.justice.gov/usao-dc/pr/former-senior-adviser-federal-reserve-indicted-charges-economic-espionage" target="_blank">Former Senior Adviser for the Federal Reserve Indicted on Charges of Economic Espionage</a> </p> </li> <li class="clearfix"> <h4 class="teaser"><span style="text-transform:uppercase;">News Release</span>: January 22, 2025</h4> <p><a href="https://www.justice.gov/usao-edva/pr/washington-man-pleads-guilty-extorting-clients-using-phony-escorts" target="_blank">Washington Man Pleads Guilty to Extorting Clients Using Phony Escorts</a> </p> </li> </ul> </div> </div> <span class="view-more"><a href="/board-activity.htm">View more</a></span> </div> <div class="col cfpb"> <h3 class=" label"><a href="/cfpb-activity.htm">CFPB</a></h3> <div id="gridview" class="cfpb"> <div class="tabs-1"> <ul class="items"> <li class="clearfix"> <h4 class="teaser"><span style="text-transform:uppercase;">Report</span>: December 9, 2024</h4> <p><a href="/reports/cfpb-cost-increase-modifications-dec2024.htm">The CFPB Can Strengthen Guidance on Cost-Increase Modifications</a></p> </li> <li class="clearfix"> <h4 class="teaser"><span style="text-transform:uppercase;">Report</span>: December 2, 2024</h4> <p><a href="/reports/cfpb-onboarding-depository-institutions-dec2024.htm">The CFPB Can Improve Its Process for Onboarding Depository Institutions That Transition to Its Oversight</a></p> </li> <li class="clearfix"> <h4 class="teaser"><span style="text-transform:uppercase;">Report</span>: October 31, 2024</h4> <p><a href="/reports/cfpb-information-security-program-oct2024.htm">2024 Audit of the CFPB's Information Security Program</a></p> </li> </ul> </div> </div> <span class="view-more"><a href="/cfpb-activity.htm">View more</a></span> </div> </div> </div> <div id="secondary-content"> <div class="banner-add-box"> <a class="whistle-blower" href="/whistleblower.htm"> <div class="section"> <h3>Whistleblower Rights and Protections</h3> </div> </a> <a href="/pandemic-oversight.htm"> <div class="section"> <h3>Pandemic Response Oversight</h3> </div> </a> <a href="/reports/work-plan.htm"> <div class="section"> <h3>WORK PLAN</h3> <p>Status of audit projects</p> </div> </a> <a href="/reports/audit-reports.htm"> <div class="section"> <h3>AUDIT REPORTS</h3> <p> Sortable list of audits, evaluations, and other reviews </p> </div> </a> <a href="/reports/semiannual-report-to-congress.htm"> <div class="section"> <h3>Semiannual Reports to Congress</h3> <p>Summary of activities and statistics, April 1, 2024 – September 30, 2024</p> </div> </a> <a href="/reports/major-management-challenges.htm"> <div class="section"> <h3>Major Management Challenges</h3> <p>Listings of Board and CFPB major management challenges</p> </div> </a> </div> <span class="skipSection"><a href="#182">Skip SHARE THIS PAGE section</a></span> <div class="section stay-connected share-page share-page"> <h3 class="label">SHARE THIS PAGE</h3> <ul class="share-this-page"> <li class="email-link"><a 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OIG: Office of Inspector General