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CFPB's Cordray praises BMO Harris for taking steps to protect auto consumers against discrimination

( April 30, 2014, 20:16 GMT | Official Statement) -- MLex Summary: US Consumer Financial Protection Bureau Director Richard Cordray commended BMO Harris Bank for taking steps to protect consumers from discrimination. The bank plans to pay auto dealers a flat percentage of the loan amount to compensate dealers for originating indirect auto loans, according to a Wednesday statement. Statement follows in full. ...

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