Auto Financing Industry Facing Increased Regulatory Scrutiny for Discriminatory Lending Allegations
Several recent Department of Justice settlements have highlighted a potential risk for auto lenders. Beyond eliminating intentionally discriminatory practices like redlining, auto lenders need to work with legal counsel, lending officers, lending algorithm programmers and other stakeholders to ensure lending practices do not result in unintentional discrimination.
July 6, 2023
India D. Williams | Johnjerica Hodge | Katten | Nicholas Bottcher
Ian Koplin