Buckley Webcast: Fair lending spotlight returns to non-mortgage and small business lending
The Trump administration largely confined fair lending enforcement to mortgage loans — unlike the Obama administration, which pursued fair lending enforcement in a number of non-mortgage products, including a wave of actions in auto finance. The Biden administration is expected to return to that broader approach, with a new emphasis on small business lending due to its policy interest in access to capital for minority businesses and the CFPB’s pending regulation under Section 1071 of the Dodd Frank Act.
Buckley attorneys Marshall Bell and Jeff Naimon discussed potential fair lending priorities for auto finance, small business lending, and unsecured lending.
About the series
Future webcasts in this series will follow ongoing developments and explore what a new administration could mean for:
- Consumer arbitration
- Examination best practices
- Fair lending
- Non-U.S. domiciled companies
- White collar criminal defense
To suggest topics for this series, please contact Buckley events manager Aymila Parks.