In The Press June 22, 2022

CFPB Says Creditors Must Provide Reasons for Taking Adverse Action, Even When Relying on AI (Westlaw Today)

Goodwin senior attorney Natasha Dempsey, associate Josh Burlingham, and partners Kimberly Monty Holzel and Tony Alexis discuss the Consumer Financial Protection Bureau's position that creditors who use artificial intelligence to make credit decisions must still provide specific reasons for their decisions. Read the Westlaw Today article here.