CONSUMER LENDING LAW AND REGULATION
This advanced law course delves into the intricacies and complexities of consumer lending law and regulation in the United States. Designed for law students, practitioners, and professionals specializing in finance or business law, this course aims to give a comprehensive understanding of the legal frameworks, regulatory bodies, and practical implications surrounding consumer lending. It tackles essential topics such as federal and state regulations, disclosure requirements, interest rates, and risk assessment, among others.
Course Objectives:
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To provide a thorough understanding of the federal laws governing consumer lending, including the Truth in Lending Act (TILA), the Fair Credit Reporting Act (FCRA), and the Equal Credit Opportunity Act (ECOA).
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To examine state laws and regulations that impact consumer lending, and how they interact with federal law.
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To analyze the role of regulatory bodies such as the Consumer Financial Protection Bureau (CFPB) in shaping consumer lending practices.
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To dissect recent case law and legislative changes impacting the consumer lending landscape.
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To critically evaluate the ethical considerations involved in consumer lending, including discrimination, predatory lending, and data privacy.