Under the Hood: CFPB eyes disabling of starter-interrupt devices
Vehicle starter-interrupt devices may be headed for the chopping block if regulators have their way. In its “Supervisory Highlights” report...
Under the Hood: Financiers reinvent leasing amid slump
Financiers are refreshing their product pipelines as leasing’s popularity has taken a hit. The one-two punch of increased car prices...
Under the Hood: Has disparate impact proxy data run its course?
New York regulators continue to crack down on lenders for unintentional fair lending violations. The most recent target was Poughkeepsie-based...
Under the Hood: New FTC rule aims to crack down on dealer UDAP violations
Though auto dealers were excluded from oversight when the Consumer Financial Protection Bureau (CFPB) was formed back in 2010, they...
Under the Hood: Gamification creates motivation, community
Face it, people are more productive when they are motivated. And gamification — a tool that applies gaming techniques to...
Under the Hood: Latest fraud scheme raises questions about lender vetting
An Albuquerque man was slapped with a five-year jail sentence last month for conning seven credit unions and three banks...
Under the Hood: Securitizations point to unaffordability of used cars
Though vehicle values have been inching lower much of the year, recent securitizations indicate that consumers are increasingly relying on...
Under the Hood: Global players collaborate to advance loan availability
Global auto finance players are teaming up to ease access to loans for consumers grappling with reduced vehicle inventory and...
