We discuss recent developments concerning fair lending and ancillary products, including the potential industry-wide implications of recent New York and Massachusetts consent orders and our expectations for future CFPB scrutiny in these areas.  We also discuss the CFPB’s recent report that looks at whether the variation in interest rates among subprime auto loans can be explained by differences in borrower creditworthiness and share our thoughts on how the report’s finding are likely to impact future CFPB activity.

Chris Willis, Co-Chair of Ballard Spahr’s Consumer Financial Services Group hosts the conversation, joined by Stefanie Jackman, a partner in the Group.