CFPB Issues Guidance for Serving Consumers with Limited English Proficiency
By EsqSocial Corporation 01/02/21
In recognition of the compliance risks financial institutions face in serving limited English proficiency (LEP) consumers, the CFPB recently issued a statement providing compliance principles and guidelines to expand access to products and services for LEP consumers. The statement was provided in part due to feedback the CFPB received on its request for information concerning ECOA/Regulation B last year......
By: Weiner Brodsky Kider PC