Federal Agencies Withdraw Guidance for Special Purpose Credit Programs

Multiple federal agencies, including the FDIC, NCUA, OCC, CFPB, HUD, DOJ, and FHFA, have rescinded previous guidance on Special Purpose Credit Programs under the Equal Credit Opportunity Act. Effective August 25, 2026, this action clarifies that creditors must not discriminate based on prohibited characteristics. The rescission means creditors should no longer rely on the withdrawn statement or related issuances.