An amendment numbered 4 printed in Part A of House Report 116-79 to add a monthly reporting requirement that CFPB provide Congress with the number of investigations opened and closed relating to potential fair lending violations, how many fair lending enforcement actions taken or referred, analysis of consumer complaints relating to potential fair lending violations, and stats on how many Office of Fair Lending and Equal Opportunity staff are dedicated to supervision and enforcement.

1. 1

   Change 1: Adds SEC. 9. REPORT ON FAIR LENDING INVESTIGATIONS AND ENFORCEMENT ACTIONS on page 40, line 8

   Adds a sectionPrinted page

   Inserted: SEC. 9. REPORT ON FAIR LENDING INVESTIGATIONS AND ENFORCEMENT ACTIONS.

   Inserted: Section 1016 of the Consumer Financial Protection Act of 2010 (12 U.S.C. 5496) is amended by adding at the end the following:

   Inserted: "(d) Report on Fair Lending Investigations and Enforcement Actions.--The Director shall issue a monthly report to Congress containing--

   Inserted: "(1) the number of investigations opened and closed by the Bureau relating to potential fair lending violations;

   Inserted: "(2) how many fair lending enforcement actions have been taken or referred;

   Inserted: "(3) an analysis of consumer complaints relating to potential fair lending violations; and

   Inserted: "(4) statistics on how many staff of the Office of Fair Lending and Equal Opportunity are dedicated to fair lending supervision and enforcement issues.".

   Original wording

   Page 40, after line 8, insert the following:

2. 2

   Change 2: Replaces “sec. 9” with “sec. 10”

   ReplacesPage 40, line 9Printed page

   [struck: sec. 9][inserted: sec. 10]

   Original wording

   Page 40, line 9, strike “sec. 9” and insert “sec. 10”.

Read automatically from the Congressional Record. Check the original before relying on it.

As printed