Disparate Impact (Still) a Fair Lending Risk
Since the Consumer Financial Protection Bureau’s 2013 indirect automobile guidance was repealed last year, there have been no new public ...
Tag: compliance
Massachusetts AG Probes Borrowers’ Ability to Repay Loans
WASHINTON, D.C. — The Massachusetts attorney general is taking a greater interest in the practices of used-car lenders failing to ...
California Mini-CFPB Could Spell Trouble for Lenders, Lawyers Say
© Can Stock Photo / isn5000 The creation of a state-level regulatory agency in California similar to the Consumer Financial ...
Former CFPB Director Joins Committee to Discuss Regulatory Oversight in California
© Can Stock Photo / kvkirillov Former Consumer Financial Protection Bureau Director Richard Cordray joined the California State Assembly Committee ...
FTC to Give Compliance Update at Auto Finance Risk Summit
© Can Stock Photo / demerzel21 Kenneth Abbe, enforcement attorney in the Federal Trade Commission's Western region, has joined the ...
How Staying Compliant Improves Customer Experience
There are many good reasons for a financial institution to comply with current lending regulations. Nobody wants to pay hundreds ...
FTC Proposes Amendments to Safeguards and Privacy Rules
Last week, the Federal Trade Commission issued proposed amendments to its Safeguards Rule and Privacy Rule, both promulgated under the ...
5 Features of Lending Technology to Measure Compliance
“We expect that the next five years will bring more change to auto finance than the past 50 years combined.” ...
