In a sign that fair lending enforcement may be about to flex its muscle in the auto finance sector, the CFPB last week issued a bulletin asserting the authority to hold indirect auto lenders accountable for illegal, discriminatory pricing markups, and providing guidance to such lenders within the bureau’s jurisdiction on how to appropriately handle fair lending risk. “Consumers should not have to pay more for a car loan simply based on their race,” said CFPB Director Richard Cordray. The bureau’s bulletin “clarifies...