The Federal Deposit Insurance Corporation on Tuesday sent a letter to financial institutions nationwide reminding them of its policies on predatory lending, saying that increased access to mortgage credit has led to an greater opportunity for predatory tactics to emerge.

In its latest Financial Institution Letter, dated Jan. 22nd, the FDIC said that increased competition and greater credit availability has led to a more complex lending environment, and reminded lenders of their duty “to treat consumers fairly, adhere to all applicable legal requirements, and underwrite loan products appropriately.” The letter outlined the FDIC’s definition of predatory tactics and highlighted the regulator’s enforcement policies for the lenders it oversees. “The FDIC will continue to address predatory lending through vigorous safety and soundness and compliance examinations and enforcement, industry outreach and adult financial education programs,” the regulator said in its letter. For more information, visit http://www.fdic.gov.