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Home » Store » News » Monitoring Third-Party Partners Helps Avoid Damaging Lawsuits

Monitoring Third-Party Partners Helps Avoid Damaging Lawsuits

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Managing third-party relationships goes back to the biblical question “Am I my brother’s keeper?” but it is the appropriate thing to ask to avoid a costly lawsuit, said fair lending experts. With subprime lending, the risk of third-party liability has increased tremendously, said Walter Zalenski, a compliance attorney with Weil, Gotshal and Manges in Washington, DC.
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