Free Download: Summary of 3 Recent Indirect Auto Lending Consent Orders from the CFPB!
In 3 recent consent orders, the CFPB has offered guidance on Indirect Auto and Fair Lending compliance, particularly related to Dealer Compensation. As these consent order show, Fair Lending risk can:
- Negatively impact profitability,
- Halt growth and M&A plans, and
- Undermine your institution's reputation.
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