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CFPB targets unfair discrimination practices in consumer finance
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Banking, Consumer Protection, Nonbank Financial
Wednesday, March 23, 2022
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The Consumer Financial Protection Bureau (CFPB) announced changes to supervisory operations to protect families and communities from illegal discrimination. These changes are designed to cover areas where fair lending laws might not typically apply. The CFPB published an updated exam manual for evaluating unfair, deceptive, and abusive acts and practices.
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