Community activists are charging that the Federal Reserve has lagged behind the other regulatory agencies in dealing with loan discrimination.

"On the safety and soundness side, almost everybody thinks [the Fed] does the best job," said Deepak Bhargava of the Association of Community Organizations for Reform Now, known as Acorn.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.