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Watch: How remote purchasing causes regulatory concerns for lenders

Digital-only platforms and remote transactions are raising questions for lenders and regulators

Anna Jefferson

Consumers’ ability to purchase vehicles without stepping inside a dealership has become more popular during the pandemic, but remote transactions have raised questions about state laws, servicing and disclosure requirements.

Robert Gage, member at Hudson Cook, was joined by Kelly Lipinski, member at McGlinchey and Christopher Willis, partner at Ballard Spahr, to discuss compliance considerations in a digital-first era, and top-of-mind regulatory concerns during the recent Auto Finance Innovation Summit.

Watch the full conversation on-demand here.

Auto Finance Risk Summit, the premier event for risk and compliance in auto finance, returns May 11-12, 2021 as a virtual experience. The virtual experience will offer the quality networking and education of past events, all through an online platform. To learn more about the 2021 event and register, visit www.AutoFinanceRiskSummit.com

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