CFPB, The Roadmap Forward - Part Three
By EsqSocial Corporation 10/05/21
Part Three: Risk Reward Will Always be Part of the Subprime Future - We resume our conversation where we left off on Part Two with a question citing the Taskforce report with recommendations for improved financial protection program. Texas Dealer: The report states "Currently, the use of alternative data is allowed, but liability concerns over its use, methods of collection, and compliance with credit reporting laws have slowed its widespread adoption by industry." If a dealer wanted to...
By: Hudson Cook, LLP