New Comprehensive Study of Loan Records Refutes CFPB Position on Auto Lending
WASHINGTON – A new comprehensive study of more than 8.2 million loan records by Charles River Associates concludes that the method used by the Consumer Financial Protection Bureau (CFPB) to measure for discrimination in an auto lender’s portfolio is “conceptually flawed in its application and subject to significant bias and estimation error,” reported the NADA. ... Read More »
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