WASHINGTON -- Buoyed by the success of a pilot program, the Federal Reserve has integrated a computer-based statistical analysis into its fair-lending reviews.

The new program will enable examiners to more easily pinpoint mortgage applicationss where bias may have played a role in lending decisions. It will also help them decide whether race was a significant facto in a bank's overall lending pattens.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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