Credit Discrimination: 12.2.3 Federal Trade Commission
As a result of the Dodd-Frank Act,13 the FTC’s primary jurisdiction for enforcing the ECOA, among many other consumer statutes, was transferred to the CFPB. Most dealers of automobiles, motorcycles, boats, recreational vehicles, and motor homes are exempt and stay under FTC authority.14 While the FTC no longer has ECOA authority over many lenders, it retains authority to enforce the FTC Act against those entities.