Webb17 apr. 2024 · Statement of Administration Policy: S.J. Res 57 - Disapproving the Rule Submitted by Bureau of Consumer Financial Protection Relating to "Indirect Auto … Webb4 nov. 2015 · Over the past 18 months, officials at the CPFB have been probing financing arranged by auto dealers on behalf of banks or other lenders, a practice called "indirect" …
Senate Passes Joint Resolution Disapproving CFPB Indirect Auto Lending …
WebbThe CFPB Warns Indirect Auto Lenders; The CFPB Issues Its FDCPA Report to Congress; Student Loan Affordability; The CFPB Investigates Compliance Costs; Field Hearing in … Webb13 dec. 2024 · As we reported recently, the Government Accountability Office has determined that CFPB Bulletin 2013-02 on dealer pricing in indirect auto finance (“Dealer Pricing Bulletin” or “Bulletin”) is a “rule” subject to … sims demon horns
A Revived Disparate Impact Doctrine Under Biden
Webb1 jan. 2024 · In the bulletin, the CFPB addressed certain practices between indirect auto lenders and auto dealers, particularly “dealer mark-ups,” that the CFPB believed could lead to pricing disparities based on a prohibited basis under the Equal Credit Opportunity Act and Regulation B. CRA requires that federal agencies submit each rule to the U.S. … Webb"Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act" (as engrossed) (Sen. Moran, R-KS) CONTACT: Jennifer Weinhart, 202-226-0706 FLOOR … Webb17 feb. 2024 · effects test — as a method of proving lending discrimination.[8] The following year, CFPB Bulletin 2013-02 affirmed the doctrine and applied it to the indirect automobile lending market.[9] During the Obama administration, the CFPB brought at least six ECOA enforcement actions premised on disparate impact. rcpath kennedy