Under the Hood: Has disparate impact proxy data run its course?
New York regulators continue to crack down on lenders for unintentional fair lending violations. The most recent target was Poughkeepsie-based ...
Tag: fair lending
Powersports and the CFPB: Fair lending, fees, repossessions and voluntary products
Compliance lawyers last summer were predicting that the Consumer Financial Protection Bureau (CFPB) would announce a robust regulatory agenda under ...
CFPB prioritizes fair lending, machine learning, privacy in digital engagement
Members of the auto finance industry continue to have a strong appetite for developing their digital origination and servicing platforms. ...
CFPB signals fair lending practices extend to servicing
Auto lenders using predictive recovery models in servicing operations could fall under scrutiny from the Consumer Financial Protection Bureau (CFPB) ...
Bostock decision prompts LGBTQ fair lending considerations
PLANO, TEXAS — The Consumer Financial Protection Bureau (CFPB) has clarified that gender identity and sexual orientation are included in ...
Regulators prioritize fair lending and equal access to credit
Anyone who has attended a conference or looked at information from regulators within the past few months could not help ...
Weekly Wrap: An all-in interest rate cap looms, inclusive lending in the spotlight
Regulatory changes have long been expected with the administration change in Washington, D.C. As the dust beings to settle on ...
‘Back-Loaded’ Auto Loans Threaten Small Lenders
PLANO, Texas — A form of fraud where dealer finance departments or banks “back-load” auto loans with disguised personal loans ...
