Bank trade groups take legal action against CFPB over anti-discrimination policy

The Consumer Financial Protection Bureau’s (CFPB) objected to upgrade to how it will evaluate bank practices might imply brand-new company for regulative innovation (regtech) service providers.  The March upgrade to the CFPB’s Unfair, Deceptive, or Abusive Acts or Practices (UDAAP) evaluation handbook would broaden anti-discriminatory guidelines to consist of not just fair-lending laws, however likewise examining and cost savings […]


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