indirect auto

FRB hosts 2017 interagency fair lending panel

By Brian Slagle on November 22, 2017

Posted in Fair Lending, HMDA, Regulatory and Enforcement

The FRB recently hosted a fair lending “hot topics” webinar in conjunction the DOJ, HUD, CFPB, FDIC, OCC, and NCUA. The seven agencies discussed fair lending developments, including the revised HMDA reporting requirements, compliance management for consumer loans, and various issues related to fair lending complaints, investigations, and enforcement.

HMDA and Revised Regulation C:

Eric…

The CFPB’s response to June 20, 2013 Congressional letter regarding the indirect auto lending bulletin: raises more questions than it answers

By Ballard CFS Group on August 12, 2013

Posted in CFPB Enforcement, CFPB General, Fair Lending, Regulatory and Enforcement

On August 2, 2013, the CFPB responded to the June 20, 2013 letter from 35 Republican members of the U.S. House of Representatives, questioning the manner in which the CFPB developed recent guidance regarding indirect auto finance and requesting details concerning the Bureau’s methodology for analyzing potential fair lending violations. Specifically, Congress’ letter took issue…