In light of the proposed guidance issued by the CFPB and the rest of the Federal Financial Institutions Examination Council on social media contacts by banks, savings associations, credit unions and nonbank entities, Lenders Compliance Group highlighted a number of important issues market participants should take into consideration, including key policies and procedures. “When you think of advertising, do you include social media? These days, most of you do,” LCG said in a recent analysis. “However, social media...