More Scrutiny of Indirect Auto Lending Coming, Despite Criticism
November 18, 2013
Days after taking heat from critical members of the Senate Banking, Housing and Urban Affairs Committee over the bureaus increased attention to potential discrimination involving the provision of auto lending, CFPB Director Richard Cordray remained steadfast to his agencys mission in this regard. If anyone is uncertain about our resolve, let me do my best to dispel that uncertainty this morning, Cordray said during an auto finance forum last week. We will make every effort to do the job that Congress has set out for us, which...