Compliance
Lenders Struggle with CFPB Auto Dealer Edicts
Lenders are being required to act as a “policeman” over the actions of their dealer clients—who are not regulated by...
The Pen Is Causing Cordray More Trouble
And they say letter writing is dead. The old-fashioned form of communications is getting a lot of attention in the...
Why it’s Important to Right-Size Your Compliance Staff
People skills and knowledge of both the auto industry and financial regulations – these are the most important qualities to...
Forecast for Auto Finance’s Future
In today's rising rate environment, and despite surging car sales, the industry's future remains shaky. Compliance and competition -- call...
Why it’s Important to Right-Size Your Compliance Staff
Representatives from four different companies offered their views on how to build the best compliance staff at the webinar, which...
NADA Dealer Program Seeks to Reduce Potential CFPB Charges
A dealer compensation plan unveiled this past January by the National Automobile Dealers Association would have dealers establish a standard...
Few CFPB Collection Complaints Relate to Auto
The Consumer Financial Protection Bureau logged 30,000 consumer complaints last year about debt collectors, but only 521 ― 1.7% ―...
How to Prepare For and Respond To CFPB CIDs
Listen up, lenders: No amount of wishing, hoping, or rubbing your lucky rabbit’s foot is going to spare you from...
