FORT WORTH, Texas ― In the past few months, several major financial institutions have been slapped with millions of dollars in fines for violations of the Servicemembers Civil Relief Act. While the focus has largely been on mortgage foreclosure proceedings, auto-repossession procedures are on the Department of Justice’s radar, according to a compliance panel at the National Automotive Finance Association conference earlier this month.
“The Department of Justice, the Federal…
Added by Marcie Belles on June 21, 2011 at 12:30pm — 2 Comments
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