Where’s the Data to Support the CFPB’s Contention of Discrimination in Indirect Auto Lending?
A group of Senators, along with NAFCU staff, are asking this question about the Bulletin issued by the CFPB in March 2013 that focuses on discrimination in indirect auto leasing. The Senators have requested to see documentation to support the CFPB’s contention that disparate impact is present in the indirect auto industry and warrants the onerous measures laid out in CFPB Bulletin 2013-02. [11/4]