Our Indirect auto underwriters are using dealer application volume, booking volume, portfolio performance and loan profitability to make a "more informed" credit decision or exception when evaluating new credit requests.
This seems completely wrong to me- those factors have no bearing on the applicant's creditworthiness, yet I can't find anything in Reg B that prohibits this. Reg B says that a creditor may consider any information obtained, so long as the information is not used to discriminate against an applicant on a prohibited basis. Am I missing something, or is this really ok to use??