The government's top fair-lending cop warned Monday that the Justice Department plans to closely scrutinize credit-scoring systems.

"When we see disproportionate numbers of white applicants approved for credit despite a failing credit score or a disproportionate number of minorities denied credit even with a passing credit score, we become concerned that discrimination may be at work," said Bill Lann Lee, acting assistant attorney general for civil rights, in his first speech to the industry.

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.