ANNAPOLIS, Md. - Federal Reserve Board Governor Lawrence B. Lindsey says he's worried about the growing use of statistics in fair-lending analysis.

Regulators are placing the loan process at risk by using numbers to back up fair-lending claims, he said in an address last week.

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.