Saturday, 25 June 2022 | The Latest Buzz for the Appraisal Industry

CFPB Releases Advisory Opinion Educating Consumers on Fair Lending Laws

The Consumer Financial Protection Bureau (CFPB) has recently published an advisory opinion to affirm that the Equal Credit Opportunity Act (ECOA) bars lenders from discriminating against customers after they have received a loan, not just during the application process. “The CFPB is ramping up its efforts to issue guidance and advisory opinions to assist entities …

The post CFPB Releases Advisory Opinion Educating Consumers on Fair Lending Laws appeared first on DSNews.

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