Federal Reserve announces emergency meeting on auto lending regulations • Click for details

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Removal of CFPB supervisory highlights latest sign of federal pullback 

FTC warning letters indicate continued focus on auto alongside state AGs 

Amanda Harris

Auto lenders should be vigilant regarding state law and dealer practices following the removal of Consumer Financial Protection Bureau supervisory highlights and the Federal Trade Commission’s recent warning letters to dealers.  The CFPB this month removed its page of supervisory highlights, which historically provided a glimpse of the bureau’s priorities and expectations for the financial services industry.  In auto finance, past highlights homed in on pricing, […]

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