Anytown Bank, N.A., has noticed that there is a large market within its community for home improvement and car loans to borrowers with credit scores that are lower than the ones currently allowed in the bank's loan policy. Bank management knows that to accept the higher risk for these subprime loans, the bank will need to charge a higher interest rate and there may also be additional fees to properly underwrite and document these loans. The bank would like a summary of the legal issues or challenges entailed in the decision to undertake the marketing and making of these loans.

What are the legal issues or challenges?