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The Client Monetary Safety Bureau has doubled down on hostile motion necessities for lenders utilizing AI-based underwriting with new steering, marking a shift in tone from its earlier steering in 2022.  A CFPB weblog put up Tuesday echoed steering issued in 2022, however largely targeted on hostile motion notices’ accuracy and specificity necessities, Brian Fink, accomplice at McGlinchey, advised Auto Finance Information, a sister […]
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